Board/Management Information • Aug 23, 2013
Board/Management Information
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Corporate | 23 August 2013 13:24
GSW Immobilien AG: GSW Supervisory Board appoints Jörg Schwagenscheidt and Andreas Segal as joint CEOs
GSW Immobilien AG / Key word(s): Change of Personnel
23.08.2013 / 13:24
GSW Supervisory Board appoints Jörg Schwagenscheidt and Andreas Segal as joint CEOs
– Multi-week selection process leads to internal solution
– Jörg Schwagenscheidt and Andreas Segal to work together as equal Chief Executive Officers
Berlin, 23 August 2013 – In its meeting today, the Supervisory Board of GSW Immobilien AG ruled that Jörg Schwagenscheidt (49) and Andreas Segal (43) will steer the fate of GSW together moving forward as co-CEOs. The Supervisory Board made its decision unanimously at a meeting that has been fixed for some time.
Claus Wisser, Chairman of the Supervisory Board, said of the selection process: ‘In a process lasting several weeks, we intensively considered various external and internal solutions with the help of an outside human resources consultant. We finally came to the conclusion that there is no better solution than dual leadership. This was also consistent with the recommendation of the outside, professional human resources consultant.’ Wisser continued: ‘In recent years, Mr. Schwagenscheidt and Mr. Segal were responsible for the success of GSW’s IPO and have built up confidence on the capital market and among the staff. Over the last few weeks they have proved that they can excellently implement GSW’s growth course and its internal organisation working side by side. We look forward to their further cooperation and are confident that
Mr Schwagenscheidt and Mr Segal will continue to steer successfully the fate of GSW.’
Contact
GSW Immobilien AG
Charlottenstrasse 4, 10969 Berlin, Germany
Press Investor Relations
Thomas Rücker René Bergmann
E-mail: [email protected] E-mail: [email protected]
Tel.: +49. (0) 30. 25 34-13 32 Tel.: +49. (0) 30. 25 34-13 62
Fax: +49. (0) 30. 25 34-19 34 Fax: +49. (0) 30. 25 34-233 1960
About GSW
With a portfolio of around 60,000 residential and commercial units, GSW Immobilien AG, founded in 1924, is a leading market-listed real estate company in Berlin. GSW’s corporate strategy is focused on the long-term management of rental properties, applying a systematic approach aimed at increasing both customer satisfaction and operating efficiency. As per
31 December 2012, the company’s property portfolio was valued at around EUR 3.3 billion.
End of Corporate News
23.08.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | GSW Immobilien AG |
| Charlottenstraße 4 | |
| 10969 Berlin | |
| Germany | |
| Phone: | 030 68 99 99 0 |
| Fax: | 030 68 99 99 999 |
| E-mail: | [email protected] |
| Internet: | www.gsw.de |
| ISIN: | DE000GSW1111 |
| WKN: | GSW111 |
| Listed: | Regulierter Markt in Berlin, Frankfurt (Prime Standard); Freiverkehr in Düsseldorf, Hamburg, Hannover, München, Stuttgart |
| End of News | DGAP News-Service |
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| 227269 23.08.2013 |
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