Deutsche Boerse AG (ETR:DB1) on Monday announced that Dr Matthias Fritton, a former speech writer for German Chancellor Helmut Kohl, will become its Senior General Manager, effective March 1, 2016.
In his new role, Mr Fritton will be responsible for the Corporate Communications, Marketing and Public Affairs area of the exchange group. Mr Fritton will report directly to CEO Carsten Kengeter.
The appointment is announced following a thorough restructuring of Executive Board responsibilities, effective since the beginning of this year. As a result, Deutsche Boerse will shift marketing activities from its business divisions to the Group’s Head Office. By bringing together the responsibility for marketing, government relations and corporate communications under the leadership of Mr Fritton, Deutsche Boerse Group seek to bolster its corporate image, and to further strengthen the Group’s market and client focus.
CEO Carsten Kengeter commented on the appointment:
“With Matthias Fritton, we have appointed a trusted senior executive who holds an outstanding, extensive network within business, politics and the media. Moreover, he will be able to provide strategic momentum to further expand and sharpen our profile as a global financial infrastructure provider. The experience he gained as a partner at Egon Zehnder will also help us to further develop our organisation.”
Matthias Fritton, who holds holds a PhD from the University of Tübingen, started his career as a freelance journalist. In the early 1990s, he worked as a speech writer for German Chancellor Helmut Kohl. After that he served as Head of Department in the Political Strategy Directorate at the German Federal Ministry of Transport. In 1998, Mr Fritton joined KfW Group as Head of Global Communications and Marketing; in 2006 he took over Group Communications and Marketing at Dresdner Bank AG. He joined executive search consultancy Egon Zehnder in 2008 and was appointed partner in 2013.
You can view the official announcement on the appointment by clicking here.