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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.128 (0.04%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.128 0.04% 290.128 277.15 295.00 290.128 290.128 290.128 4 21:20:00

Allianz Extends CEO Oliver Bate's Contract Until Sept 2024

23/11/2018 8:12am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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   By Anthony Shevlin 
 

Allianz SE (ALV.XE) said Friday that its supervisory board has extended Chief Executive Oliver Bate's contract until Sept. 2024.

The German insurer said Mr. Bate's original contract was due to expire at the end of Sept. 2019 and noted the company has developed "extremely well" over the past three years under his leadership.

"The supervisory board is convinced that he is the right chairman of the board of management for the challenges ahead," said Michael Diekmann, chairman of the supervisory board.

Allianz's board of management will present a strategy update on Nov. 30.

 

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

 

(END) Dow Jones Newswires

November 23, 2018 02:57 ET (07:57 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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