The exchange organisation and market infrastructure provider Deutsche Börse has named Stephan Leithner its new CEO, effective 1 October 2024. Leithner, who has been a member of the executive board of Deutsche Börse since 2018 and responsible for pre- and post-trading, will serve as co-CEO with Theodor Weimer until Weimer’s contract expires at the end of 2024. Weimer, who will then be 65 years old, will resign from the executive board.
“I would like to thank the supervisory board for this vote of confidence and I am delighted to take on my new role,” said Leithner in a press release from the company, published on 8 March 2024. “In recent years, we have successfully developed the business model and demonstrated the potential of this company and, in particular, its employees, who work in 56 locations around the world. The challenge now is to further realise this potential across the group to shape the markets of the future.”
Leithner’s current areas of responsibility include the investment management solutions segment with ISS Stoxx and Simcorp, as well as Deutsche Börse’s post-trading business with Clearstream. From 2016 to 2018, Leithner was a partner at the private equity firm EQT. Before that, he spent 15 years working for Deutsche Bank, where he was responsible for building up the capital markets and M&A business and served as an executive board member.
Martin Jetter, chairman of the supervisory board of Deutsche Börse, commented on Leithner’s appointment, saying: “He knows the global exchange landscape and understands the needs of our clients. In recent years, Stephan Leithner has played a significant role in the strategic development of the company.”
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Deutsche Börse became the sole shareholder of Clearstream Fund Centre in 2021. In March 2022, it and in January 2024, finalised its . Clearstream, which provides fund processing, fund distribution and fund data management and reporting solutions, is headquartered in Luxembourg. It has recently announced partnerships with , along with and, separately, on fund selection tools.
The Deutsche Börse Group provides indices, data, software and analytical solutions as well as services for funds, the settlement and custody of financial instruments and the management of collateral and liquidity. It has its headquarters in Frankfurt and employs more than 14,000 employees around the world.