Deutsche Boerse Names Theodor Weimer as New CEO
November 16 2017 - 10:23AM
Dow Jones News
By Pietro Lombardi
German stock exchange operator Deutsche Boerse AG (DB1.XE) said
on Thursday it has appointed Theodor Weimer as its new chief
executive, effective Jan. 1, 2018.
Mr. Weimer, 57, is currently CEO at HypoVereinsbank-UniCredit
Bank AG, part of UniCredit Spa (UCG.MI). His appointment is for
three years, Deutsche Boerse said.
The appointment comes after Carsten Kengeter said he would step
down as CEO after an insider-trading investigation related to
Deutsche Boerse's aborted multibillion-dollar merger with London
Stock Exchange Group PLC (LSE.LN).
Mr. Kengeter's resignation comes into effect Dec. 31.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
November 16, 2017 11:08 ET (16:08 GMT)
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