Commerzbank (DE:CBK) has released an update.
Manfred Knof, CEO of Commerzbank AG, will not extend his contract beyond December 2025, a decision received with regret but respected by the Supervisory Board Chairman, Jens Weidmann. An orderly search process for a new CEO will be initiated immediately by Commerzbank’s Supervisory Board. The announcement has significant implications for stakeholders and the future direction of the bank’s leadership.
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