Termination of the appointment of Dr. Nonnenmacher mutually agreed
Hamburg/Kiel, December 15, 2010 - At an extraordinary meeting the Supervisory Board of HSH Nordbank AG today mutually agreed with Dr. Dirk Jens Nonnenmacher to terminate his appointment as member and Chief Executive Officer of the Bank’s Management Board effective 31 March 2011.
The Supervisory Board approved the termination agreement with Dr. Nonnenmacher at the same time.
The Supervisory Board thanks Dr. Nonnenmacher for his great and successful commitment in the Bank’s realignment.
The Supervisory Board at the same time agreed to appoint Dr. Paul Lerbinger (54) as a member of the Management Board of HSH Nordbank effective 1 March 2011 and as its Chief Executive Officer from 1 April 2011 until 28 February 2014.
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Peter Mentner
Phone +49 40 3333-12972
Fax +49 40 3333-612972
E-mail peter.mentner@hsh-nordbank.com
HSH Nordbank AG
Rune Hoffmann
Head
Press and Media Relations
Phone +49 40 3333-11412
Fax +49 40 3333-611412
E-mail rune.hoffmann@hsh-nordbank.com
The information contained in this press release does not constitute an offer for the sale of any type of HSH Nordbank AG securities. Securities of HSH Nordbank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.
This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.
Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.




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