(IN BRIEF) MTU Aero Engines AG has named Dr. Ottmar Pfänder as Chief Program Officer, effective January 1, 2026, on a three-year mandate. Dr. Pfänder, a 25-year MTU veteran currently in charge of commercial engine programs, will succeed Michael Schreyögg, … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Technology
Tagged 2026 appointment, appointment, aviation industry, Chief Program Officer, commercial engine programs, DAX-listed, Dr. Ottmar Pfänder, Executive Board, Germany, Gordon Riske, internal succession, Lars Wagner, leadership, maintenance business, Michael Schreyögg, military engine programs, MTU Aero Engines AG, Supervisory Board, three-year term
(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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