Hiag reduces the size of its management team
Hiag Immobilien Holding abolishes the extended Executive Board. The Executive Board thus consists only of the CEO, the CFO and the General Counsel.
The step to downsize was decided by the Board of Directors at its meeting on March 9, and will apply retroactively from January 1, 2020. The aim of the measure is to simplify the organization and focus on the expansion of the real estate portfolio, the company says.
The extended management team previously consisted of the Heads of Site Development Thorsten Eberle, Michele Muccioli, Alex Römer and Yves Perrin, and the Head of Portfolio Management Ralf Küng. They are now referred to as members of the management team, but retain all their tasks and competencies. (ah)
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