conwert Immobilien Invest SE

EANS-Adhoc: conwert Immobilien Invest SE
conwert Administrative Board appoints Volker Riebel new CEO

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09.12.2010

Vienna, 9 December 2010. Volker Riebel has been appointed the new Chairman of the Executive Board of conwert Immobilien Invest SE based on a resolution adopted by the Administrative Board today, Thursday. As of 1 January 2011, Riebel, 55, who holds a doctorate in economics, will take over this function from Johann Kowar and will thus be responsible for the areas of Strategy, Legal Matters, Investor Relations, Corporate Governance/Compliance, Personnel, IT, Organisation and Purchasing.

Volker Riebel looks back on 25 years of management experience in the property industry, especially in restructuring and property services. With the assumption of the function of the CEO at conwert, Mr. Riebel is resigning from conwert´s Administrative Board and his function as the CEO of GEWOBA Aktiengesellschaft Wohnen und Bauen, Bremen. Prior to joining GEWOBA, Mr. Riebel was the CEO of Deutsche Annington Immobilien GmbH, Düsseldorf, from 2001 to 2006.

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Further inquiry note: conwert Immobilien Invest SE, Peter Sidlo, Head of Corporate Communications - Investor Relations, T +43 / 1 / 521 45-250, E peter.sidlo@conwert.at

Branche: Real Estate
ISIN:      AT0000697750
WKN:        069775
Index:    WBI
Börsen:  Wien / official market



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