Brief: Sto Says CFO's Employment Contract To Be Terminated Early

STO SE & Co KGaA

26/04/2023 09:15

April 26 (Reuters) - STO SE & CO KGAA  STOG_p.DE :
    * LONG-TERM SUCCESSION PLANNING SECURED FOR EXECUTIVE BOARD
MEMBER
RESPONSIBLE FOR FINANCE AT STO
    * CFO ROLF WÖHRLE'S EMPLOYMENT CONTRACT TO BE TERMINATED
EARLY AT
HIS REQUEST ON 31 DECEMBER 2023
    * SUPERVISORY BOARD APPOINTS DÉSIRÉE KONRAD AS HIS SUCCESSOR
    * SUPERVISORY BOARD HAS RESOLVED TO CONCLUDE A CONTRACT WITH
DÉSIRÉE KONRAD UNTIL 31 AUGUST 2027 AND TO APPOINT HER TO THE
EXECUTIVE BOARD FOR A PERIOD OF FOUR YEARS FROM 1 SEPTEMBER 2023
    * NEW APPOINTMENT WAS MADE BECAUSE ROLF WÖHRLE HAD
PREVIOUSLY
DECLARED THAT HE DID NOT WISH TO SERVE A FURTHER PERIOD AS A
MEMBER OF THE EXECUTIVE BOARD DUE TO HIS AGE

Further company coverage:  STOG_p.DE 

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