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on Bastei Lübbe AG (isin : DE000A1X3YY0)

Bastei Lübbe AG Extends CEO Soheil Dastyari's Contract by Five Years

Bastei Lübbe AG's Supervisory Board has renewed CEO Soheil Dastyari's contract for another five years, lasting until March 31, 2030. This decision underscores the board's confidence in Dastyari's leadership and his role in the company's growth. His tenure began in March 2022, and under his guidance, the company has seen significant revenue, earnings, and share price improvements.

Carsten Dentler, Chairman of the Supervisory Board, praised Dastyari's contribution to the firm's success and emphasized the strategic advantage this extension provides in pursuing further growth, particularly in community-driven and digital sectors. Dastyari expressed gratitude for the board's trust and credited the entire Bastei Lübbe team for their achievements.

R. P.

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