Deutsche Boerse reveals newly-structured IT division

Hauke Stars takes over IT division and Market Data business […]

November 28, 2012

  • Hauke Stars takes over IT division and Market Data business
  • Xetra and Eurex under common management already from 1 January
  • New Head of Group Strategy

Effective 1 December 2012, Ms Hauke Stars (45) will as previously announce assume responsibility for the newly-structured IT division of Deutsche Börse AG. At the same time Deutsche Börse’s entire market data business as well as selected external IT services will be brought together into this area of responsibility and led by the IT engineer.

Deutsche Börse will jointly manage the cash market and the derivatives businesses, comprising the Xetra and Eurex segments, within the responsibility of Deputy CEO Andreas Preuss (56), already with effect from 1 January 2013.

As announced, Frank Gerstenschläger (52), the Executive Board member responsible for Deutsche Börse’s cash market operations, has opted not to extend his contract when it expires on 31 March 2013. Between the hand-over date and the expiry of his contract, Mr Gerstenschläger will assume special tasks.

Effective 1 January 2013, Martin Reck (51), Managing Director, will move within Deutsche Börse Group into the business area of Andreas Preuss, to assume management responsibility for Deutsche Börse’s entire structure of the cash market. Mr Reck, who has a Ph.D. in business computer science, has held various positions within Deutsche Börse Group since 1998. He has many years of cash market experience. Lastly Reck headed the Group Strategy department as Managing Director. He is also a lecturer at the Department of Finance at Goethe University, Frankfurt.

Mr Eric Müller (39), Managing Director, will additionally assume responsibility for the Group Strategy division with effect from the 1st of January 2013, reporting directly in this capacity to the CEO Reto Francioni. Eric Müller has held various senior management positions at Deutsche Börse Group since its IPO in 2001 and the subsequent acquisition of Clearstream. Since 2008 he has also been responsible for the Group’s Treasury activities, and the Investor Relations section. Mr Müller has also been a member of the Supervisory Board of Eurex Clearing AG since 2010.

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