Ceconomy AG (MTTRY) announced on Friday, that Chief Executive Officer Kai-Ulrich Deissner has informed the company's Supervisory Board that he intends to step down from his role during 2026 for personal reasons.
The company said its Supervisory Board will review Deissner's request and discuss succession planning for the CEO position at its upcoming meeting scheduled for March 12, 2026.
CECONOMY added that further details regarding leadership transition will be determined following the board's deliberations.
MTTRY is currently trading at $1.06, up $0.12 or 12.77 percent on the OTC Markets.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.