(IN BRIEF) Thomas Dannenfeldt will step down as Chairman of CECONOMY AG’s Supervisory Board at the end of July 2025. Christoph Vilanek, a long-standing board member and former CEO of freenet AG, has been chosen as his successor. The Executive … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, News, Retail, Technology
Tagged appointment, board election, CECONOMY AG, Christoph Vilanek, corporate governance, Düsseldorf, executive leadership, freenet AG, Kai-Ulrich Deissner, leadership, resignation, strategic growth, succession, Supervisory Board, Thomas Dannenfeldt
(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Technology
Tagged CECONOMY AG, CFO, corporate bond, Dr. Kai-Ulrich Deissner, ESG-linked, extension options, Financial Flexibility, financial policy, Greenhouse Gas Intensity, July 2024, liquidity reserve, long-term financing, MediaMarktSaturn, refurbished products, revolving credit facility, scope 3.11, sustainability, sustainable growth, syndicated loan, three-year term, women in management, €500 million, €900 million
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