Dr. Michael Völter Leaves Boerse Stuttgart Group at the End of 2021

Dr. Michael Völter Leaves Boerse Stuttgart Group at the End of 2021

Matthias Voelkel will succeed him in the role of CEO of the Group.

Dr. Michael Völter, Chairman of the Management Board and CEO of Vereinigung Baden-Wuerttembergische Wertpapierboerse e.V., is leaving Boerse Stuttgart Group, according to a press release from the Group.

He will leave his position as the Groups CEO at the end of the year, and Dr. Matthias Voelkel will succeed him. Dr. Voelkel has been a member of the Management Board and COO of Vereinigung Baden-Wuerttembergische Wertpapierboerse e.V. since June 2021 and heads the digital and cryptocurrency business of Boerse Stuttgart Group.

“As CEO, Michael Völter made a significant contribution to the success of Boerse Stuttgart Group and shaped its strategic focus. The internationalization of the Group and the establishment of its digital business were advanced under his responsibility. With the recent change in the corporate structure and management team, he has repositioned the Group. We very much regret Michael Völters departure and thank him sincerely for his outstanding work over many years. We wish him all the best for the future, both professionally and personally,” Dr. Christian Ricken, Chairman of the Executive Committee of Vereinigung Baden-Wuerttembergische Wertpapierboerse e.V., commented on the announcement.

Höptner Departure

Moreover, the new CEO of Boerse Stuttgart Group pointed out the following: “Boerse Stuttgart Group is extremely well-positioned to take advantage of opportunities in both the traditional exchange and brokerage business and the digital and crypto business. I have been able to see this for myself in recent months. Therefore, I am very excited to lead Boerse Stuttgart Group into a successful future as CEO.”

Last year. Alexander Höptner parted ways with his dual position as Chairman of the management board of Boerse Stuttgart GmbH and EUWAX AG, ending a three-year tenure with Germanys second-largest stock exchange. Höptner originally joined Boerse Stuttgart as a member of the GmbH board in January 2017. A year later, he took up the post as CEO of Boerse Stuttgart GmbH and Euwax AG.