EQS-News

Constantin Baack takes over as Chief Executive Officer of MPC Capital AG from Ulf Holländer

EQS-News: MPC Münchmeyer Petersen Capital AG / Key word(s): Personnel Constantin Baack takes over as Chief Executive Officer of MPC Capital AG from Ulf Holländer 25.04.2024 / 08:40 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release

Constantin Baack takes over as Chief Executive Officer of MPC Capital AG from Ulf Holländer

• Ulf Holländer hands over the position as Chief Executive Officer to Constantin Baack after 24 years on the board
• Ulf Holländer transitions to the Supervisory Board
• Christian Schwenkenbecher joins the Management Board as Chief Client Officer

Hamburg, 25 April 2024 - The Supervisory Board of Hamburg-based asset and investment manager MPC Capital AG (Deutsche Börse Scale, ISIN DE000A1TNWJ4) today resolved to appoint Constantin Baack (45) as Chief Executive Officer with effect from the end of the Annual General Meeting on 13 June 2024.

Ulf Holländer (65) will step down from the Management Board on the best of terms after 24 years, of which he served 9 years as CEO. At the end of the Annual General Meeting, Ulf Holländer will move seamlessly to the Supervisory Board, succeeding Dr. Ottmar Gast (72).

Constantin Baack has been with MPC Capital since 2008 and has been a member of the Management Board since 2015, responsible for the Shipping division. Prior to this, he held various management positions in the company in Germany and abroad. This mainly includes the launch of numerous investment structures and companies - in particular MPC Container Ships - as well as the expansion of the maritime services business. Constantin Baack began his professional career at Hamburg Süd before moving to Ernst & Young in auditing and transaction advisory.

In addition, the Supervisory Board appointed Christian Schwenkenbecher (41) to the company's Management Board as Chief Client Officer. Schwenkenbecher has been Head of Institutional Sales & Products at MPC Capital since 2022. Previously, he spent 10 years in investment banking at Hauck Aufhäuser Lampe, where he was responsible for transaction and sales activities in London.