Deutsche Bank reshuffles management board, names new CFO
Reuters
Published Oct 28, 2014 07:42PM ET
Deutsche Bank reshuffles management board, names new CFO
FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) will reshuffle top management by naming Marcus Schenck, former finance chief at energy group E.ON (DE:EONGn) and Goldman Sachs banker, as chief financial officer and putting current CFO Stefan Krause in charge of operations and strategy, the bank said on Tuesday.
Henry Ritchotte, age 51, will continue as chief operating officer with responsibility for technology and operations, and will in addition assume responsibility for the bank's global digital agenda, Deutsche said in a statement.
Krause will take on strategy alongside his CFO duties on Nov. 1 and Schenck will assume the CFO title on May 21, 2015.
(Corrects dates in last paragraph)
(Reporting by Thomas Atkins; Editing by Christoph Steitz)
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