New Changes in Signa Supervisory Board
Signa Prime recently underwent a restructuring, with new members elected to its supervisory board just five days ago. However, the board has already experienced a shakeup as entrepreneur Karin Exner-Wöhrer has reportedly stepped down from her position on the board. She informed the heads of the supervisory board and restructuring administrators of Prime and Development about her decision to resign. Exner-Wöhrer will officially resign from her position four weeks after notifying the companies of her decision.
The reasons behind Exner-Wöhrer’s resignation have not been publicly disclosed, as both Prime and Exner-Wöhrer have remained quiet on the matter. However, according to reports, Exner-Wöhrer’s departure may be due to various agreements not being honored and uncertainties regarding supervisory board remuneration. The Signa Prime supervisory board was recently reduced from eight to five members, with Michael Mitterdorfer, Karin Exner-Wöhrer, and Sebastian Schäfer being chosen to join. Schäfer has a background in law and restructuring, having previously worked at Credit Suisse Group and currently at Kühne Holding AG. The remaining members of the supervisory board include Michael Siefert from Madison International Realty and Jürgen-Johann Rupp of German RAG. With Exner-Wöhrer’s departure, the board will now consist of four members.
