Executive Board (Financial Year 2015)
The Executive Board of Deutsche EuroShop AG is the Group’s management body.
The Executive Board is bound to observe the interests of the Company and aims to increase its enterprise value in the long term.
Our members of the Executive Board:
The Executive Board of Deutsche EuroShop AG manages the Company in accordance with the provisions of German company law and with its rules of procedure. The Executive Board’s duties, responsibilities and business procedures are laid down in its rules of procedure and in its schedule of responsibilities. The chief management duties of the Executive Board are the management of the Group and the determination of its strategic orientation, planning, and the establishment and implementation and monitoring of risk
As of 31 December 2015, the Executive Board of Deutsche EuroShop AG comprised two members.
Born 8 March 1967
First appointment: 1 February 2015Appointed until: 30 June 2018
Wilhelm Wellner joined Deutsche EuroShop on 1 February 2015, initially as a member of the Executive Board, and took on his present position as CEO
in succession from Mr Böge on 1 July 2015. He is also a managing director and director at various companies in the Deutsche EuroShop Group.
Born 10 December 1964
First appointment: 2005
Appointment ends: 30 September 2019
Olaf Borkers joined Deutsche EuroShop AG in 2005 as a member of the Executive
Board. He is also a managing director and director at various different companies in the Deutsche EuroShop Group.
Claus-Matthias Böge's role as CEO ended on the expiry of his appointment on 30 June 2015.
Executive Board Remuneration
The remuneration of the Executive Board amounted to €3,330 thousand, which broke down as follows:
In 2015, the Executive Board was in receipt of payments totalling €1,773 thousand:
No advances or loans were granted to members of the Executive Board. The Company has not entered into any commitments or contingent liabilities in favour of these persons.
Status: 31 December 2015
Source: Annual Report 2015, page 108, 134