on BayWa AG (ETR:BYW6)
BayWa AG Announces CEO Departure and Management Restructuring
BayWa AG has announced a significant change in its Board of Management. Dr. Frank Hiller, the CEO of BayWa AG, has agreed to step down from his position with immediate effect. His service contract is set to terminate on July 31, 2026. During this transition, the responsibilities of the CEO will be assumed by the current members of the Board of Management. The Supervisory Board has confirmed that the ongoing restructuring of leadership remains on schedule and will continue as initially planned.
This move comes as the company realigns its leadership structure. The impact on the company's strategic direction and operational focus remains to be seen. BayWa AG continues to be listed on multiple exchanges, including the regulated market in Frankfurt and other regional markets across Germany.
R. H.
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