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BORUSSIA DORTMUND GMBH & CO. KGAA (FRA:BVB) DGAP-Adhoc: Manager's service contracts with Hans-Joachim Watzke and Thomas Treß prematurely extended - Carsten Cramer appointed as further managing director

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DGAP-Ad-hoc: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Change of Personnel
Manager's service contracts with Hans-Joachim Watzke and Thomas Treß prematurely extended - Carsten Cramer appointed as further managing director

13-Feb-2018 / 14:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The Executive Committee of the Advisory Board of Borussia Dortmund Geschäftsführungs-GmbH under the chairmanship of BVB president Dr. Reinhard Rauball has decided the Following:
 
1.
The manager service contract of Hans-Joachim Watzke that was due to expire on December 31st, 2019 was prematurely extended until December 31st, 2022. Hans-Joachim Watzke remains as hitherto chief executive officer (CEO) and shall be further on primarily responsible for the company's strategy and the business divisions "Sports", "Communication" and "Human Resources".
 
2.
The manager service contract of Thomas Treß that was due to expire on June 30th, 2020 was prematurely extended until June 30th, 2022. Thomas Treß remains as hitherto chief financial officer (CFO) and shall be further on responsible for the business divisions "Finance & Facilities" and "Organisation".
 
3.
Former prokura holder Carsten Cramer was appointed as new managing director with effect from March 1st, 2018. His manager service contract runs until June 30th, 2022. Carsten Cramer has joint representative authority and shall be responsible for the business division "Sales & Marketing " and "Digitalization".
 
Dortmund, 13th February 2018
 
Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH



Contact:
Dr. Robin Steden
Inhouse Counsel / Investor Relations

13-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
44137 Dortmund
Germany
Phone: 0231/ 90 20 - 2746
Fax: 0231/ 90 20 - 852746
E-mail: aktie@bvb.de
Internet: www.bvb.de/aktie // www.aktie.bvb.de
ISIN: DE0005493092
WKN: 549309
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

653829  13-Feb-2018 CET/CEST

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