on The Grounds Real Estate Development AG (isin : DE000A2GSVV5)
The Grounds appoints Andrew Wallis as CFO
The Grounds Real Estate Development AG announced the appointment of Andrew Wallis as Chief Financial Officer, effective March 1, 2025. Wallis will join CEO Jacopo Mingazzini, reinstating the management board to its original two-member structure. The decision aims to support the company's ongoing growth.
Wallis, a seasoned expert with over 30 years of experience in real estate and finance, brings a wealth of industry knowledge. His previous roles included positions at Merrill Lynch, JP Morgan, and HSBC. Notably, he served as Deputy CEO of Aroundtown S.A. in Berlin from 2014 to 2020. Since then, he has been involved in consultancy and restructuring mandates.
Dr. Peter Maser, Chairman of the Supervisory Board, expressed confidence in Wallis's expertise and praised his management background, viewing his appointment as crucial for The Grounds' future development.
R. P.
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