DGAP-News: IMMOFINANZ AG: Birgit Noggler appointed to the Executive Board of IMMOFINANZ Group

DGAP-News: IMMOFINANZ AG: Birgit Noggler appointed to the Executive Board of IMMOFINANZ Group

ID: 69911

(firmenpresse) - DGAP-News: IMMOFINANZ AG / Key word(s): Change of
Personnel/Miscellaneous
IMMOFINANZ AG: Birgit Noggler appointed to the Executive Board of
IMMOFINANZ Group

29.09.2011 / 19:07

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Corporate News

Vienna, 29 September 2011

Birgit Noggler appointed to the Executive Board of
IMMOFINANZ Group

The Supervisory Board of IMMOFINANZ Group yesterday appointed Birgit
Noggler to the position of chief financial officer as of 1 October 2011. In
addition to Eduard Zehetner, Manfred Wiltschnigg and Daniel Riedl, she will
become the fourth member on the Executive Board of this property investor
and developer.

This graduate in business administration and licensed tax consultant has
many years of professional experience: since November 2008 the 37 year-old
has headed the finance department of IMMOFINANZ Group and played a key role
in the implementation of the new planning and consolidation strategy. Prior
to joining IMMOFINANZ, Noggler worked in the consolidation department of
Raiffeisen Leasing GmbH and as a senior associate with
PricewaterhouseCoopers GmbH.

'I am pleased that the Supervisory Board followed my recommendation to
appoint Birgit Noggler to the Executive Board as CFO', commented Eduard
Zehetner, Chief Executive Officer of IMMOFINANZ Group, after yesterday's
Supervisory Board meeting. 'I am convinced she will be able to further
improve the professionalism and value of the company in her new function.
Birgit Noggler and I met shortly after I joined IMMOFINANZ and, since that
time, I have come to value her as a circumspect and effective head of our
corporate accounting department. In that critical phase she made an
important contribution to mastering the crisis and protecting our
liquidity. Last but not least, I am pleased that we now have a woman on the




Executive Board of IMMOFINANZ AG', added Zehetner.

Noggler on her appointment as Chief Financial Officer: 'I believe in the
success of IMMOFINANZ Group and am very pleased to have a more direct role
in designing the future of one of Europe's largest real estate companies. I
plan to define the role of the CFO as a fitness trainer for the company
and, in close cooperation with the operating departments, intend to support
the efforts to continuously increase shareholder value.'

On IMMOFINANZ Group
IMMOFINANZ Group is one of the five largest listed property companies in
Europe and is included in the leading ATX index of the Vienna Stock
Exchange. Since its founding in 1990, the company has compiled a
high-quality property portfolio that now comprises more than 1,600 standing
investments with a carrying amount of approx. EUR 8.4 billion. The core
business of IMMOFINANZ Group covers the acquisition and management of
standing investments, the realisation of development projects and the sale
of properties. The business activities of IMMOFINANZ Group are concentrated
in the retail, office, logistics and residential segments of eight regional
core markets: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania,
Poland and Russia. More information under: www.immofinanz.com.

For additional information please contact:

INVESTOR RELATIONS
Simone Korbelius
Investor Relations
IMMOFINANZ AG
T +43 (0)5 7111 2291
investor(at)immofinanz.com

MEDIA INQUIRIES
Sandra Bauer
Head of Corporate Communications | Press Spokesperson
T +43 (0)5 7111 2292
M +43(0)699 1685 7292
communications(at)immofinanz.com

www.immofinanz.com
A-1100 Wien, Wienerbergstraße 11


End of Corporate News

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29.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 5 7111 - 2291
Fax: +43 (0) 5 7111 - 8291
E-mail: investor(at)immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)


End of News DGAP News-Service
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140834 29.09.2011


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Bereitgestellt von Benutzer: EquityStory
Datum: 29.09.2011 - 19:07 Uhr
Sprache: Deutsch
News-ID 69911
Anzahl Zeichen: 5775

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Kategorie:

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