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CFO Miguel Müllenbach and CHRO Kai-Uwe Weitz to lead Karstadt Warenhaus GmbH

“After the departure of Eva-Lotta Sjöstedt with effect from 7 July 2014, Karstadt Warenhaus GmbH will be led by Chief Finance Officer Miguel Müllenbach and ‘Arbeitsdirektor’ (labour director) and Chief Human Resources Officer Kai-Uwe Weitz. Together we will discuss the organisation of the ‘Geschäftsführung’ (management board) and adapt it promptly”, explains Chairman of the Supervisory Board Dr. Stephan Fanderl.

“This step comes as a surprise to us and in very difficult times for the Karstadt Warenhaus GmbH. It is now our aim to go about the restructuring of Karstadt determinedly and immediately with the experienced management. In the current situation, we must not be stopped by personnel changes. Our customers rely on the fact that we are concentrating on our business with full power”, says Stephan Fanderl.