on BayWa AG (isin : DE0005194062)
BayWa AG Announces Board of Management Changes
BayWa AG has announced significant changes to its Board of Management. The Supervisory Board and Chairman of the Board, Mr. Marcus Pöllinger, have come to a mutual agreement for his departure, effective 31 October 2024. Additionally, the Chief Financial Officer, Mr. Andreas Helber, will step down by mutual consent, effective 31 March 2025. The company has appointed Mr. Michael Baur, currently the Chief Restructuring Officer, to join the Board of Management as an additional member. The process to find successors for the vacated positions is already underway.
BayWa AG, headquartered in Munich, Germany, communicated these changes through EQS News, aligning with regulatory requirements. This strategic restructuring aims to address upcoming organizational challenges. The reappointments are expected to bolster the company's leadership capacity as it navigates future business landscapes.
R. P.
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