DGAP-Adhoc: Peach Property Group AG : COO Bruno Birrer leaves executive management
01.11.2013 – 18:03
Peach Property Group AG / Key word(s): Change of Personnel 01.11.2013 18:00 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Press release Peach Property Group AG: COO Bruno Birrer leaves executive management Zurich, 1 November 2013 - Peach Property Group AG, a leading property investor and developer of high-quality residential real estate in the German-speaking region of Europe, today announced a reduction in the number of executive management members. Bruno Birrer, who has been with the Peach Group since 2006 and has held the position of Chief Operating Officer in recent years, will leave the company by mutual agreement and on completely amicable terms at the end of January 2014. Going forward, the executive management will comprise the following members: - Dr. Thomas Wolfensberger, Chief Executive Officer - Renzo Fagetti, Managing Director Switzerland - Bernd Hasse, Managing Director Germany - Mirco Riondato, Chief Investment Officer - Dr. Marcel Kucher, Chief Financial Officer - Dr. Andreas Steinbauer, Head of Sales and Marketing Thomas Wolfensberger, CEO of Peach Property Group AG, states: 'I would like to extend sincere thanks to Bruno Birrer. He has made valuable contributions to building the company and has been a role model in every aspect and a highly esteemed colleague. I wish him all the best for his professional and private future.' Contacts Media, investors and analysts Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief Financial Officer +41 (0) 44 485 50 00 | investors@peachproperty.com Media Germany: edicto GmbH, Axel Mühlhaus +49 (0) 69 90 55 05 52 | amuehlhaus@edicto.de About Peach Property Group Peach Property Group AG one of the leading developers in the field of top-quality residential property in the German-speaking region of Europe. Its activities cover the entire prime property development value chain, from site evaluation to project planning, implementation and marketing. Peach Property Group focuses on city and holiday residences in exceptional locations and featuring highest-quality fittings for a discerning clientele. The company's integrated corporate strategy encompasses not only the development of exclusive residential properties, but also the management of investment properties for the purpose of generating consistent annual revenues. Peach Property Group AG is headquartered in Zurich and also has a branch office in Cologne. The company's shares are listed on SIX Swiss Exchange (PEAN, ISIN CH0118530366). Visit www.peachproperty.com for more information. +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=NQTBBDCMAH Document title: Peach COO 01.11.2013 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: Peach Property Group AG Seestrasse 346 8038 Zürich Switzerland Phone: +41 44 485 50 00 Fax: +41 44 485 50 11 E-mail: investors@peachproperty.com Internet: www.peachproperty.com ISIN: CH0118530366 Valor: A1C8PJ Listed: Freiverkehr in Berlin, Stuttgart; Frankfurt in Open Market ; SIX End of Announcement EQS Group News-Service ---------------------------------------------------------------------------