HAMBURG (dpa-AFX) - Deutsche EuroShop AG (DUSCF) Tuesday said Wilhelm Wellner, Chief Financial Officer of Railpool GmbH in Munich, would become its new chief executive officer, succeeding Claus-Matthias Böge.
The company's Supervisory Board has appointed Wellner as a full member of the Executive Board with effect from February 1, 2015.
Wellner, 47, will initially assume the post of Chief Operating Officer, before taking over as Chief Executive Officer from July 1, 2015.
Claus-Matthias Böge has decided to retire from the Board for personal reasons. His tenure will end on June 30, 2015.
Before joining Railpool, Wellner was the CFO of ECE Projektmanagement International G.m.b.H., Hamburg, between 2003 and 2009. He was Chief Investment Officer of Verwaltung ECE Projektmanagement G.m.b.H. & Co. KG, Hamburg, between 2009 and 2012.
Deutsche Euroshop is a Germany-based holding company that focuses on acquiring, managing, using and selling investments, particularly in retail properties.
The stock closed down 0.9 percent on Tuesday at 35.29 euros.
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