DGAP-News: TAG real-estate group announces CFO changeover
(firmenpresse) - DGAP-News: TAG Immobilien AG / Key word(s): Change of Personnel
TAG real-estate group announces CFO changeover
25.04.2012 / 09:00
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PRESS RELEASE
TAG real-estate group announces CFO changeover
- Hans-Ulrich Sutter steps down from CFO positions with effect from 30
Apr and 30 Jun 2012
- Supervisory Board appoints Georg Griesemann as new Chief Financial
Officer
(Hamburg, 25. April 2012) Mr Hans-Ulrich Sutter will resign his position as
Chief Financial Officer of Bau-Verein zu Hamburg AG and Colonia Real Estate
AG with effect from 30 April 2012. Mr Sutter will also retire from his
duties on the TAG Immobilien AG Board with effect from 30 June 2012.
Since 1 April 2008, Mr Sutter has held a dual mandate as Chief Financial
Officer of TAG and of Bau-Verein. Since February 2011, he also served as
CFO of Colonia. Mr Sutter will continue to maintain close ties to the Group
through his supervisory board mandates: he will continue to sit on the DKB
Immobilien AG supervisory board and will run for election to the
supervisory board of Colonia at the Annual General Meeting this June.
The Supervisory Board has appointed Mr Georg Griesemann as the companies'
new Chief Financial Officer in his stead. Mr Griesemann will assume the
position of CFO at Bau-Verein and Colonia as of 1 May 2012, and from 1 July
2012 will also hold this function at Group level for TAG Immobilien AG. In
parallel to this, Mr Griesemann has served as Chief Financial Officer of
DKB Immobilien AG since March 2012.
Thanks to his more than ten years as an auditor and tax consultant, Georg
Griesemann has excellent experience in the financial sector. He has already
been in charge of accounting and taxes at TAG Group since June 2011.
CEO Rolf Elgeti says: 'Over the past three years, we have worked together
to set TAG Immobilien AG on a successful expansionist course. For this I
would personally like to thank my fellow Board member Mr Sutter, who did an
outstanding job and made a vital contribution to this development. I am
very pleased that we will be able to count on his expertise and many years
of experience in the future as well. At the same time I congratulate Mr
Griesemann on his appointment as Chief Financial Officer of TAG. I look
forward to our shared tasks and responsibility in the Group.'
Press enquiries:
TAG Immobilien AG
Investor&Public Relations
Britta Lackenbauer / Dominique Mann
Phone +49 40 380 32 0
Fax +49 40 380 32 390
pr(at)tag-ag.com
End of Corporate News
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25.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 390
E-mail: ir(at)tag-ag.com
Internet: http://www.tag-ag.com
ISIN: DE0008303504
WKN: 830350
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
Stuttgart
End of News DGAP News-Service
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