EQS-Adhoc: GEA Group Aktiengesellschaft: GEA Supervisory Board extends CEO Stefan Klebert's contract and decides to reorganize the Executive Board and streamline the organizational structure

Summary by AI BETAClose X

The GEA Group Supervisory Board has extended CEO Stefan Klebert's contract by two years to December 31, 2028. This extension was decided prematurely, as the original term was set to expire on December 31, 2026. Furthermore, effective January 1, 2026, the Executive Board will be expanded from three to six areas. Concurrently, the 14-member Global Executive Committee will be dissolved as part of the reorganization.

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