Brief: Adler Group CEO Thierry Beaudemoulin's Employment Contract Renewed

Adler SA

01/06/2023 10:07

June 1 (Reuters) - ADLER GROUP SA  ADJ.DE :
    * CEO THIERRY BEAUDEMOULIN'S EMPLOYMENT CONTRACT RENEWED
    * PROPOSAL TO EXPAND BOARD TO INCLUDE INDEPENDENT CANDIDATES
WITH
RESTRUCTURING AND CAPITAL MARKET EXPERTISE
    * SUBJECT TO APPROVAL BY GROUP'S AGM ON 21 JUNE 2023, THOMAS
ECHELMEYER WILL BECOME DIRECTOR AND MEMBER OF BOARD OF DIRECTORS
IN ADDITION TO HIS CURRENT ROLE AS CFO
    * SAYS AS PART OF ITS STRATEGIC REPOSITIONING, ADLER GROUP
WILL
EVOLVE INTO A BERLIN-FOCUSED RESIDENTIAL REAL ESTATE COMPANY
WITH LIMITED PROJECT DEVELOPMENT ACTIVITIES OVER NEXT TWO YEARS

Source text for Eikon:  ID:nEQ1Gdtjna 
Further company coverage:  ADJ.DE 

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