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Share Name Share Symbol Market Type
Deutsche Boerse AG XE:DB1 XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.55 0.42% 131.95 131.65 131.85 134.90 130.20 131.65 515,036 16:35:05

Deutsche Boerse Backs CEO With Extended Contract

14/02/2020 3:20pm

Dow Jones News


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By Carlo Martuscelli

 

Deutsche Boerse AG said Friday that it has extended the contract of Chief Executive Theodor Weimer until the end of 2024 in a vote of confidence in his leadership.

Mr. Weimer joined the German stock-exchange operator two years ago and his contract was due to expire at the end of this year.

Joachim Faber, chairman of Deutsche Boerse's supervisory board, called his leadership convincing.

"He has driven the growth of the company, significantly increased the share price, re-motivated our workforce and gained a high reputation among all our stakeholders in politics and society," Mr. Faber said.

 

Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu

 

(END) Dow Jones Newswires

February 14, 2020 10:05 ET (15:05 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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