DO & CO Aktiengesellschaft  / Key word(s): Change of Personnel

01.10.2016 19:00

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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DO & CO AG announces that Dr. Haig Asenbauer and Dr. Klaus Petermann will
leave the Management Board effective 30 September 2016. The new
organisation of DO & CO AG provides that two Management Board members,
Attila Dogudan and Gottfried Neumeister, will manage the company together
with an extended management team.Dr. Haig Asenbauer will continue to serve
the company as a consultant, particularly for M & A activities as hitherto,
and after a transitional, cooling off period, will run for election to the
Supervisory Board.
Dr. Petermann will serve the company in a new role as head of the
Commercial Controlling & Efficiency Improvement division. In this role, Dr.
Petermann will coordinate the overall cost management of all DO & CO AG
locations worldwide. The objective is to increase synergies between the
divisions and improve the margins through efficiency improvements and a new
benchmark system.
This is closely linked to a reorganisation of the Finance division, which
will now have a broader base and be divided into the areas of Commercial
Controlling and Corporate Accounting.


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Language:     English
Company:      DO & CO Aktiengesellschaft
              Stephansplatz 12
              1010 Wien
              Austria
Phone:        +43 (1) 535 0644 1010
Fax:          +43 (1) 74000-1089
E-mail:       investor.relations@doco.com
Internet:     www.doco.com
ISIN:         AT0000818802
WKN:          81880
Listed:       Regulated Unofficial Market in Berlin, Munich, Stuttgart;
              Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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