Douglas AG

Board/Management Information • Apr 25, 2017

Douglas GmbH / Directorate change

24-Apr-2017 / 14:11 CET/CEST

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- Claudia Reinery leaves Douglas for personal reasons at the end ofApril

- WillemDuthler assumes her responsibilities

- CEOIsabelle Parize: 'Together with Claudia, we have reached important milestones on our way to reinforce our industry-leading position.'

Düsseldorf, 24 April 2017. Douglas, the leading European retailer in the selective beauty market, today announced that Claudia Reinery, CEO for Germany and Switzerland, will resign from her office at the end ofApril 2017.After four years working for Douglas, Ms. Reinery has decided to leave the company for personal reasons and in best mutual agreement.

Dr. Henning Kreke, Chairman of the Supervisory Board of Douglas, said: 'We sincerely regret Claudia's decision to resign. We would like to thank her for her substantial contribution to the development of our company and her strong commitment to Douglas and its people.'

Isabelle Parize, CEO of Douglas added: 'Together with Claudia, we have reached important milestones on our way to reinforce Douglas' industry-leading position such as the integration of teams in our new international headquarters in Düsseldorf, the organizational restructuring of our German business and the strengthening of our Douglas brand.'

Willem Duthler, who has been with Douglas for almost 20 years and currently serves as CEO for the Netherlands, the Czech Republic, Latvia and Lithuania, will additionally become CEO for Germany and Switzerland. In this context, he will hand over his other responsibilities, except for the Netherlands, to Agnieszka Mosurek-Zava, who already serves as CEO for Poland and Austria.

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Language:	English
Company:	Douglas GmbH
	Hans-Günther-Sohl-Str. 7-11
	40235 Düsseldorf
	Germany
ISIN:	XS1251078009, XS1251077373
WKN:	A161MW,A161W3
Listed:	Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart; Open Market in Frankfurt; Dublin
Category Code:BOA
TIDM:	IRSH
Sequence No.: 4088

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