The constituent meeting of the Supervisory Board of L-KONZEPT Holding AG took place today, at which the former EU Commissioner and lawyer Günther H. Oettinger was unanimously elected as the new Chairman of the Supervisory Board.
Jürgen Kutz, CEO, thanked former Chairman Dr. Oliver Krauß for his work in the past and expressed his delight at the election of Günther H. Oettinger: “I look forward to working with him as Chairman of the Supervisory Board and am convinced that we will successfully shape the future together with the other members of the Supervisory Board. Dr. Oliver Krauß will remain a member of the Supervisory Board and thus ensure continuity.”
“I see great potential in the future CGREAG with decades of experience in the planning, development and implementation of urban districts and the existing know-how. “I accept the responsibility of helping to shape the future and growth of this company,” said Günther H. Oettinger on the occasion of his election.
With Günther H. Oettinger, another experienced head comes into office. From 2005 to 2010, Oettinger was Prime Minister of the state of Baden-Württemberg and from 2010 to 2019 as Commissioner of the European Union for Energy, Digital Economy and Society as well as for Budget and Human Resources. The lawyer has been President of the EBS University of Economics and Law (Wiesbaden/Oestrich-Winkel) since 2021.
In addition to the new chairman Günther H. Oettinger, the supervisory board also includes Dr. Oliver Krauß, Munich, and Prof. Dr. Rüdiger Grube, Hamburg. Following the upcoming expansion of the number of members of the Supervisory Board, it will also be strengthened in the future by Prof. Christoph Ehrhardt, Stuttgart.
Following the approval of the general meeting at the end of March 2024 to increase the company’s share capital by issuing new shares against contributions in kind and the associated strengthening of the company’s equity by around 50 million euros, the future CGREAG is excellent for the current market situation and a real estate market that is starting up again.
