on GEA Group Aktiengesellschaft (ETR:G1A)
GEA Group Extends CEO Contract and Restructures Executive Board
GEA Group Aktiengesellschaft has announced a strategic decision by its Supervisory Board to extend CEO Stefan Klebert's contract. Originally set to end on December 31, 2026, Klebert's term has been prolonged until December 31, 2028. This early extension underscores the Board's confidence in his leadership and vision for the company.
In addition to extending the CEO's contract, the Supervisory Board has decided to expand the Executive Board. Beginning January 1, 2026, the board will grow from three to six areas, a move aimed at optimizing the organizational structure. Concurrently, the existing 14-member Global Executive Committee will be dissolved.
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