Change in the Breuninger management

What: As of 1 December 2021, Prof. Michael Cesarz will be appointed as the new Chief Real Estate Officer of the Breuninger Management Board. He replaces Ulrich Wölfer, who is leaving the company at his own request.

Why it is important: The new executive will be in charge of the operation and further development of all Breuninger locations including the Breuninger Shopping malls, the Breuninger sales outlets and the Dorotheen Quartier. In addition, there is the planning and implementation of new major projects, such as the Goldbach Quartier in Sindelfingen, the Mobility Hub in Stuttgart or the expansion of the Breuninger logistics center in Sachsenheim.

With Prof. Michael Cesarz, who completed his architectural studies at RWTH Aachen University, Breuninger was able to win over a proven real estate expert. Prof. Cesarz has many years of experience in the field of real estate and has held leading positions at Metro Group and Majid Al Futtaim in Dubai, among others. Most recently, he was CEO of thyssenkrupp -MULTI®-, a company of Thyssenkrupp Elevator AG.

As of December 1, 2021, the Breuninger Executive Board will thus consist of Holger Blecker (Chief Executive Officer and Chairman of the Executive Board), Marcus Weller (Chief Financial Officer), Sandra Hartmann (Chief Merchandising Officer), Benjamin Fuest (Chief Sales Officer), Dr. Frank Postel (Chief Technology Officer), Dr. Felix Kreyer (Chief Customer Officer) and now Prof. Michael Cesarz (Chief Real Estate Officer).