Corestate Capital Holding S.A. announced the following changes to the composition of the Management Board and Supervisory Board of Corestate were implemented. Dr. Nedim Cen, previously chairman of the Supervisory Board, has joined the Management Board and is assuming the previously vacant role as Chief Executive Officer (CEO). Mr. Stephan Götschel, Chief Restructuring Officer (CRO), has left the Management Board.

He was instrumental in driving forward the restructuring process and will support the company in an advisory capacity when handing over his responsibilities. As new member of the Supervisory Board, Dr. Carlos Enrique Mack has been appointed by way of co-optation. Dr. Sven-Marian Berneburg assumes the role of chairman of the Supervisory Board.