Deutsche Boerse has completed its planned leadership restructuring.
Effective Dec. 1 2012, Hauke Stars will assume responsibility for the newly-structured IT division of Deutsche Brse. At the same time Deutsche Brse’s entire market data business as well as selected external IT services will be brought together into this area of responsibility.
Deutsche Brse will jointly manage the cash market and the derivatives businesses, comprising the Xetra and Eurex segments, within the responsibility of Deputy CEO Andreas Preuss, with effect from Jan 2013.
As announced, Frank Gerstenschlger, the executive board member responsible for Deutsche Brses cash market operations, has opted not to extend his contract when it expires on March 31 2013.
From Jan 1 2013, Martin Reck, managing director, will assume management responsibility for Deutsche Brse’s entire structure of the cash market. Reck has held various positions within Deutsche Brse Group since 1998, most recently as head of the Group Strategy department.
Eric Mller, managing director, will additionally assume responsibility for the Group Strategy division with effect from Jan. 1 2013, reporting directly in this capacity to the CEO Reto Francioni. Eric Mller has held various senior management positions at Deutsche Brse Group since its IPO in 2001 and the subsequent acquisition of Clearstream. Since 2008 he has also been responsible for the Group’s Treasury activities, and the Investor Relations section. Mller has also been a member of the Supervisory Board of Eurex Clearing AG since 2010.
(JDC)