Brief: Dormakaba Appoints New CEO

Dormakaba Holding AG

05/12/2023 05:33

Dec 5 (Reuters) - DORMAKABA HOLDING AG  DOKA.S :
    * TILL REUTER APPOINTED NEW CEO OF DORMAKABA
    * BOARD OF DIRECTORS OF DORMAKABA HAS APPOINTED TILL REUTER
AS NEW
CEO EFFECTIVE 1 JANUARY 2024
    * HE WILL SUCCEED JIM-HENG LEE
    * TILL REUTER WILL TAKE OVER CEO POSITION OF DORMAKABA
EFFECTIVE 1
JANUARY 2024. AT SAME TIME, HE WILL STEP DOWN FROM BOARD OF
DIRECTORS OF DORMAKABA, OF WHICH HE HAS BEEN A MEMBER SINCE
OCTOBER 2023
    * SEPARATELY, DORMAKABA ANNOUNCED THAT ALEX HOUSTEN, CHIEF
OPERATIONS OFFICER (COO) AND MEMBER OF EXECUTIVE COMMITTEE (EC),
WILL LEAVE COMPANY BY END OF MARCH 2024 AT LATEST TO TAKE ON A
PROGRESSIVE LEADERSHIP POSITION AT A LARGER US-BASED COMPANY
WITHIN HVAC INDUSTRY
    * SEARCH FOR A SUCCESSOR HAS BEEN INITIATED AND WILL
CONTINUE
UNDER LEADERSHIP OF CEO DESIGNATE

Source text for Eikon:  ID:nEQ41vrc6a 
Further company coverage:  DOKA.S 

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