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DDM Holding AG
DDM Debt AB
Florian Nowotny to resign as CEO of DDM
DDM Debt AB (publ) (Nasdaq Stockholm: DDM Debt 2026) ("DDM Debt") announces that Florian Nowotny has informed the Board that he has decided to step down from his position as CEO. The Board of Directors thanks Mr. Nowotny for his commitment and his valuable contribution to the Company.
Dr. Andreas Tuczka (Chairman of the Board of Directors) will assume the role of Executive Chairman on an interim basis and lead the company together with Fredrik Olsson, Chief Financial Officer, and Alessandro Pappalardo, Chief Investment Officer, until a permanent CEO-successor is announced. Florian Nowotny has agreed to ensure a smooth hand over of his role and will remain as an advisor during a transition period.
The information in this report requires DDM Debt AB (publ) to publish the information in accordance with the EU Market Abuse Regulation and the Securities Market Act. The information was submitted for publication on 3 April 2023 at 08:00 CEST.
For more information, please contact:
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
DDM Debt AB (publ) (Nasdaq Stockholm: DDM Debt 2026) is a wholly owned subsidiary of DDM Holding AG. DDM Holding AG (Nasdaq First North Growth Market, Stockholm: DDM) is a specialized multinational investor in situations arising out of the general strategic challenges in the European banking markets. This includes investments into assets and companies previously held by financial institutions, including performing and non-performing loans and special situations. DDM strives to create value for its stakeholders by combining significant expertise in financial services, credit underwriting and technology with a focus on operational excellence. DDM Holding AG is domiciled in Switzerland and was founded in 2007.