February 14, 2020 / 2:55 PM / 12 days ago

Deutsche Boerse extends contract of CEO Weimer by four years

Deutsche Boerse CEO Theodor Weimer delivers a speech during a financial conference at the stock exchange in Frankfurt, Germany, September 4, 2018. REUTERS/Kai Pfaffenbach

FRANKFURT (Reuters) - Deutsche Boerse (DB1Gn.DE) said on Friday that it had extended the contract of its chief executive officer, Theodor Weimer, by another four years.

The decision came on Friday at a meeting of the supervisory board, and the contract will run until Dec. 31, 2024.

Deutsche Boerse had already signalled the contract would be extended, but the length of the extension was an unknown.

Reporting by Tom Sims; editing by Thomas Seythal

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