Unicredit's Germany chief is serious candidate for Deutsche Boerse CEO -source

Reuters

Published Nov 15, 2017 11:22

Unicredit's Germany chief is serious candidate for Deutsche Boerse CEO -source

FRANKFURT (Reuters) - Theodor Weimer, the head of Unicredit's (MI:CRDI) Germany unit, is a serious contender for the helm of Deutsche Boerse (DE:DB1Gn), a person familiar with the search said on Wednesday.

The German stock exchange operator is hoping to fill the role by the end of the year. The current CEO, Carsten Kengeter, is stepping down amid an ongoing insider trading investigation, though he denies wrongdoing.

Deutsche Boerse and HypoVereinsbank, Unicredit's Germany unit based in Munich, declined to comment.