on Vonovia SE (isin : DE000A1ML7J1)
Vonovia SE Announces Early CEO Succession Plan
Vonovia SE's Supervisory Board has planned an early CEO succession. Current CEO Rolf Buch will step down by the end of 2025. This decision supports an orderly, long-term transition. Luka Mucic, Vodafone Group's CFO and former SAP SE executive, is set to succeed Buch. The appointment will occur at the year's fourth quarter's end.
Mr. Buch and the board mutually agreed on this transition to ensure stability. The succession reflects a strategic move to maintain leadership continuity. Mr. Mucic's extensive financial background is expected to bolster Vonovia's executive team.
Vonovia, a major player in the real estate sector, aims to sustain its position within the DAX indices. The announcement highlights the company's proactive approach to governance and leadership.
R. E.
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