Deutsche Börse shakes up personnel 28 November 2012Frankfurt Reporter: Georgina Lavers
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Deutsche Börse is revamping its structure, starting off with the appointment of Hauke Stars as responsibile for its newly-structured IT division.
Deutsche Börse will jointly manage the cash market and the derivatives businesses, comprising the Xetra and Eurex segments, under the responsibility of deputy CEO Andreas Preuss. Managing director Martin Reck will move to assume management responsibility for Deutsche Börse's entire structure of the cash market.
Frank Gerstenschläger, the executive board member responsible for Deutsche Börse’s cash market operations, has opted not to extend his contract when it expires on 31 March 2013.
Lastly, Eric Müller, managing director, will additionally assume responsibility for the Group Strategy division, reporting directly to CEO Reto Francioni.
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