Board/Management Information • Oct 14, 2015
Board/Management Information
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Corporate | 14 October 2015 17:30
PATRIZIA Immobilien AG: Karim Bohn to be new CFO at PATRIZIA Immobilien AG
DGAP-News: PATRIZIA Immobilien AG / Key word(s): Real Estate/Change of Personnel
2015-10-14 / 17:30
Karim Bohn to be new CFO at PATRIZIA Immobilien AG
PATRIZIA Managing Board: The Next Generation
– Arwed Fischer to leave company after eight successful years
Augsburg, 14 October 2015. The PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) supervisory board has appointed Karim Bohn to the position of chief financial officer (CFO). As of 1 November 2015 Bohn will start as a member of the Managing Board. As of 13 November 2015 he will assume responsibility for financial affairs, replacing Arwed Fischer, who has been CFO at PATRIZIA since 2008. “PATRIZIA is hugely indebted to Mr Fischer. Despite the international financial crisis, he established a fiscal foundation without which it would have been impossible for PATRIZIA to expand into Europe,” states Wolfgang Egger, CEO of PATRIZIA Immobilien AG. “He has made a significant contribution towards PATRIZIA’s transformation into one of the leading property investment companies in Europe. PATRIZIA will look back at Arwed Fischer’s work at the company with huge respect. He will continue to advice PATRIZIA until August 2016.”
Like his predecessor, Karim Bohn has a wealth of experience as a chief financial officer in the property industry, having served in this role for the last three years in his position as managing director of Süddeutsche Wohnen GmbH. Prior to this, Bohn – who is a management graduate – was a director at the property group Vitus Immobiliengruppe, a function he also performed at the formerly MDAX-listed housing association GAGFAH Group. Bohn also has many years of experience working in international financial and capital markets. Between 2006 and 2009 he was responsible for the financial and capital market activities of publicly listed European property companies belonging to the Fortress Investment Group in London. Now 43 years of age, from 1998 to 2006 Bohn worked in the fields of corporate finance and equity capital markets at Merrill Lynch and Deutsche Bank in Frankfurt and London. Egger: “I’m delighted that someone with such a wealth of experience as Karim Bohn is coming on board. Not only is he highly versed in the financial industry, he also has experience as a financial director in the property industry. This is the best possible way to hand such executive responsibilities on to the next generation.”
As of 13 November 2015 the Managing Board of PATRIZIA Immobilien AG will comprise three members: Wolfgang Egger (50), Chief Executive Officer; Klaus Schmitt (50), Chief Operating Officer; Karim Bohn (43), Chief Financial Officer.
PATRIZIA Immobilien AG:
With 800 employees in more than ten countries, PATRIZIA Immobilien AG has been active on the real-estate market as an investor and service provider for more than 30 years. PATRIZIA’s range includes the purchase, management, value increase and sale of residential and commercial real estate. As a recognised business partner of large institutional investors and private investors, the Company operates in Germany and other European countries and covers the entire value. At present, the Company manages real estate assets worth EUR 17 billion, primarily as a co-investor and portfolio manager for insurance companies, pension fund institutions, sovereign funds and savings banks. For further information, please visit www.patrizia.ag .
The Managing Board
PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstrasse 26
86150 Augsburg (Germany)
Listing: Frankfurt Official Market (Prime Standard)
ISIN: DE000PAT1AG3
SIN: PAT1AG
Contact
Investor Relations
| Margit Miller | Verena Schopp de Alvarenga |
| T +49 821 50910-369 | T +49 821 50910-351 |
| [email protected] | [email protected] |
2015-10-14 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | PATRIZIA Immobilien AG |
| Fuggerstraße 26 | |
| 86150 Augsburg | |
| Germany | |
| Phone: | +49 (0)821 – 509 10-000 |
| Fax: | +49 (0)821 – 509 10-999 |
| E-mail: | [email protected] |
| Internet: | www.patrizia.ag |
| ISIN: | DE000PAT1AG3 |
| WKN: | PAT1AG |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart |
| End of News | DGAP News Service |
| - - - |
| 402537 2015-10-14 |
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