.
• The Supervisory Board accepted Olaf Koch’s early resignation from the Managing Board of METRO AG, effective 31 December, 2020
• Orderly procedure for selecting a successor adopted
At an extraordinary meeting held today, the Supervisory Board of METRO AG under the leadership of Supervisory Board Chairman Jürgen Steinemann discussed the decision by CEO Olaf Koch, announced last Friday by ad hoc publication, not to seek an extension of his contract and to leave the company at the end of 2020. The Supervisory Board approved the mutual termination of Olaf Koch's contract as of 31 December, 2020, thanked him
• The Supervisory Board accepted Olaf Koch’s early resignation from the Managing Board of METRO AG, effective 31 December, 2020
• Orderly procedure for selecting a successor adopted
At an extraordinary meeting held today, the Supervisory Board of METRO AG under the leadership of Supervisory Board Chairman Jürgen Steinemann discussed the decision by CEO Olaf Koch, announced last Friday by ad hoc publication, not to seek an extension of his contract and to leave the company at the end of 2020. The Supervisory Board approved the mutual termination of Olaf Koch's contract as of 31 December, 2020, thanked him
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