Changes to Board of Management at Deutsche Beteiligungs AG
Susanne Zeidler to become CFO
Frankfurt am Main, 28 August 2012. The Supervisory Board of Deutsche Beteiligungs AG (DBAG) has announced the appointment of Susanne Zeidler to the company’s Board of Management. She will join the Board effective 1 November 2012. As announced last March, Spokesman of the Board of Management Wilken von Hodenberg (born 1954) will step down from his office as a member and Spokesman of the Board of Management following the next Annual Meeting in March 2013. Ms Zeidler will then assume responsibility for the financial sector from Mr von Hodenberg as the Chief Financial Officer. Also as previously announced, the successor to Mr von Hodenberg as the Board’s new Spokesman will be Torsten Grede (born 1964), a member of DBAG’s Board of Management since January 2001.
As part of the generational change on DBAG’s Board of Management, André Mangin (born 1954) has also announced his departure from the Board following next year’s Annual Meeting. “Since his appointment to the Board of Management in early 2004, Mr Mangin has made a significant contribution to the successful development of Deutsche Beteiligungs AG,” Andrew Richards, Chairman of DBAG’s Supervisory Board, said today. “We are delighted that Mr Mangin will remain strongly committed to DBAG by serving in an advisory capacity.” In its new composition, DBAG’s Board of Management will consist of three members: Mr Grede, Ms Zeidler and current member Dr Rolf Scheffels (born 1966), who will continue his tenure on the Board.
Susanne Zeidler (born 1961) served at KPMG from 1990 to 2010, most recently as a partner, where she was responsible for KPMG’s activities relating to foundations and other non-profit organisations. A tax consultant and auditor, she was fundamental in building this business sector at KPMG beginning in 2006. From 1990 to 1999, she was engaged in the valuation of mid-sized and listed companies operating in a variety of industries, and from 2000 to 2005 she led the internal audit review at KPMG as the responsible partner. Since the beginning of 2011, Ms Zeidler has been the director of the international Catholic charity Aid to the Church in Need.
“With Ms Zeidler, we are extremely happy to welcome an acknowledged financial expert with an extensive background in IFRS accounting,” Supervisory Board Chairman Richards said today. “In its new composition the Board of Management of DBAG will continue to stand for leadership continuity – a key success factor in private equity.”