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“In the current situation, this is the best solution for the company, its partners, investors and employees. It is now important to restore trust, and I want to make my contribution to this. Signa’s real estate portfolio is and remains unique. I am absolutely “I am sure that the company can have a very good future,” Rene Benko was quoted as saying in a press release from the Signa Group. “All stakeholders are required to support Signa now. I am ready to do so.”
Geiwitz is taking over from Benko as of today. In addition, the restructuring expert will also become chairman of Signa’s shareholder committee. The Benko Family Private Foundation remains the holding’s largest shareholder.
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Geiwitz: “Signa now needs peace and order. We will approach these important tasks carefully and sensibly. It is important to find long-term solutions. It is therefore responsible and necessary to initiate comprehensive consolidation for the company now.
Recently, several investors had pushed for Benko’s withdrawal in view of the shaky company empire, especially ex-Strabag boss Hans Peter Haselsteiner.
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Source: Nachrichten
