Deutsche Bank to replace CFO Krause with Goldman's Schenck: report
Reuters
Published Oct 28, 2014 11:52AM ET
Deutsche Bank to replace CFO Krause with Goldman's Schenck: report
FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) will name Marcus Schenck, former finance chief at energy firm E.ON (DE:EONGn) and now investment banker at Goldman Sachs, as chief financial officer, replacing Stefan Krause, according to a report in the online edition of Manager Magazin.
Krause, who joined Deutsche Bank from luxury auto maker BMW (DE:BMWG) in 2008, will take on a new role at Germany's flagship lender, leading a division called strategy and operational excellence, Manager Magazine said in the summary of an article.
Deutsche Bank declined to comment.
(Reporting by Thomas Atkins; Editing by Christoph Steitz)
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