Adler Modemärkte AG
Adler Modemärkte AG: Service Agreement with CFO Karsten Odemann Extended
DGAP-News: Adler Modemärkte AG / Key word(s): Change of Personnel Haibach (near Aschaffenburg), 15 December 2016. In yesterday’s meeting, the Supervisory Board of Adler Modemärkte AG – one of Germany’s largest textile retailers – unanimously approved to extend the existing service agreement with CFO Karsten Odemann until the end of December 2019. As the CFO of the Executive Board, 55-year-old Odemann will continue to be in charge of his responsibilities. He has been in the management of ADLER since December 2011.
“In times of challenges within the textile industry, this is a clear signal that we are focussed on stability. Appointing Karsten Odemann once again as CFO enables the Management Board to carry on the efficiency and profitability measures which have commenced this year. The Supervisory Board is confident that Mr Odemann will build on his previous commitment and make ADLER future-proof in these challenging times”, said Massimiliano Monti, Chairman of the Supervisory Board of Adler Modemärkte AG, commenting on the decision. CEO Lothar Schäfer will continue to serve alongside Mr Odemann on the Executive Board.
15.12.2016 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Adler Modemärkte AG |
Industriestraße Ost 1-7 | |
63808 Haibach | |
Germany | |
Phone: | +49 (0) 6021 633 0 |
Fax: | +49 (0) 6021 633 1299 |
E-mail: | info@adler.de |
Internet: | www.adlermode.com |
ISIN: | DE000A1H8MU2 |
WKN: | A1H8MU |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |