logo
Plus   Neg
Share
Email

QSC CFO Stefan Baustert To Step Down At Year End; Christoph Reif To Succeed

German Cloud and ICT provider QSC AG (QSCGF) announced Thursday that Chief Financial Officer Stefan Baustert, aged 63, will be leaving the company as of December 31, 2019.

Baustert will be succeeded as of January 1, 2020 by Christoph Reif, aged 39, who will act as plenipotentiary. Reif has headed the overall finance department since 2013 and is already a member of the management team.

QSC noted that consistent with its efforts to streamline its management team, Reif will take on this new role in addition to his existing responsibilities.

Baustert's stepping down from the role is based on mutual agreement following the completion of the transformation of QSC. He has been responsible for finance, personnel, central procurement and investor relations since January 2015.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration has granted accelerated approval to Tazverik for the treatment of adults and pediatric patients aged 16 years and older with metastatic or locally advanced epithelioid sarcoma not eligible for complete resection. Epithelioid sarcoma is a rare sub-type of soft... STIHL recalls about 16,400 STIHL RE 90 pressure washers due to injury hazard. According to the company, the recalled pressure washer nozzle can disconnect from the spray wand when under pressure during use, posing an injury hazard. STIHL said it received seven reports of the nozzle detaching from... CVS Health Corp. launched 13 new HealthHUB locations in CVS Pharmacy stores across Philadelphia and South New Jersey. The healthcare company said it developed the HealthHUB store format to help people manage chronic conditions more conveniently and affordably. The store also features health and wellness products, clinical services and expertise.
RELATED NEWS
Follow RTT
>