JCDecaux SA (Euronext Paris: DEC) announced this week that Daniel Wall, CEO and minority shareholder (9.9%) of the German subsidiary Wall AG, will be leaving the company after the end of his contract in December 2015.
Subsequently, Wall AG and JCDecaux GmbH will be re-organised into one single unit for the German market.
Daniel Wall has been in the Executive Board of Wall AG since 1999 and became CEO in 2007.
When JCDecaux took over the majority of Wall AG in 2009, he became responsible for Germany and Turkey within JCDecaux group.
The position of CEO will not be replaced. The current management members, Andreas Prasse (Sales & Marketing), Patrick Möller (Partner Relations, Products) and Andreas Scholz (Finance) will be leading the German market activities under the supervision of Daniel Hofer, who is in charge of Germany, Austria, Central and Eastern Europe and Central Asia within JCDecaux.
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