(Vienna) At today’s meeting of the supervisory board of Wiener Börse AG, the decision was taken unanimously to prolong the contracts of the members of the management board Michael Buhl and Heinrich Schaller for another period of office of five years, i.e., until June 2016. The team also manages the business of the CEE Stock Exchange Group (CEESEG AG), the holding company to which the exchanges of Budapest, Ljubljana and Prague in addition to the Vienna Stock Exchange have belonged since January 2010. This management board mandate was also prolonged by the supervisory board of CEESEG AG to June 2016.
“With the extension of the appointments of the entire management board team, we are giving due credit to the success achieved at the Vienna Stock Exchange and the CEE Stock Exchange Group, and are also ensuring strategic and operational continuity within the two companies,” stated Friedrich Kadrnoska, chairman of the supervisory board of Wiener Börse AG and CEESEG AG.
About the Vienna Stock Exchange
The Vienna Stock Exchange is a 100% subsidiary of the CEE Stock Exchange Group (CEESEG) which also includes the stock exchanges of Budapest, Ljubljana and Prague. The CEE Stock Exchange Group is the largest stock exchange group in the region and accounts for half of total market capitalization and around one-third of total equity turnover in Central and Eastern Europe. CEESEG simplifies access to markets and trading with the aim raising the levels of liquidity on the local exchanges. At the same time, the Group organizes joint activities to raise international recognition of the four markets.