16-08-2019 03:49 PM
News Detail – Hornbach Baumarkt AG

HORNBACH Baumarkt AG: CEO Steffen Hornbach wishes to stand down at end of year

HORNBACH Baumarkt AG / Key word(s): Personnel
HORNBACH Baumarkt AG: CEO Steffen Hornbach wishes to stand down at end of year

16-Aug-2019 / 17:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


CEO Steffen Hornbach wishes to stand down at end of year

 

Bornheim bei Landau, August 16, 2019.

Steffen Hornbach today notified the Supervisory Board of his desire to stand down as CEO and retire from the Board of Management of HORNBACH Baumarkt AG as of December 31, 2019, provided that a new CEO has been appointed. Steffen Hornbach wishes to implement this decision, which he has taken for personal reasons, in agreement with the company’s Supervisory Board and will be holding talks to this end with the Board and its Personnel Committee.

The Supervisory Board has taken note of his request and will appoint a suitable successor, who may be an external candidate, at the earliest possible opportunity.

Steffen Hornbach (61) joined the company in 1988 and was appointed to the Board of Management in 1992. He has been the CEO of the listed DIY store operator since November 1, 2001.




Contact:
Axel Mueller
Group Communications and Investor Relations Director
HORNBACH Holding AG & Co. KGaA
Tel. +49 (0) 6348 602444
axel.mueller@hornbach.com

16-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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