Keegan Viscius appointed as CEO / Longer-term extension of both Management Board members intended
The Supervisory Board of CA Immobilien Anlagen AG appointed Keegan Viscius as Chief Executive Officer (CEO). The appointment took effect on 10 June 2023. Keegan Viscius has been a member of the company's Management Board since 1 November 2018 and, as Chief Investment Officer (CIO), was previously responsible for the core operational areas of asset management and transaction management, among others.
David Smith, First Deputy Chairman of the Supervisory Board and Head of DACH for Starwood Capital Group, commented, “We are very pleased to have an executive of Keegan’s caliber as CA Immo’s CEO. His deep knowledge of the company and strong track record of driving shareholder returns from his post as CIO the last five years make him the right leader to execute the company’s capital rotation strategy moving forward. We are confident that the current Management Board composition will ensure the company continues to deliver at pace on its strategic goals, working closely with the Supervisory Board to drive value for all shareholders.”
At the same time, the Supervisory Board will enter into negotiations with both Management Board members to extend their mandates beyond their current terms of office. In addition to the Chief Executive Officer (CEO), Keegan Viscius, Chief Financial Officer (CFO) Andreas Schillhofer, who has been a member of the Management Board since 1 June 2019, is thus to be tied to the company at an early stage and for the longer term. This should ensure a continuous and targeted implementation of the corporate strategy, which is essentially based on three pillars: Firstly, the further increase of the quality of the portfolio through a clear focus on the core markets of the company and the successive sale of properties that do not or no longer meet the strategic requirement profile. Secondly, the transformation to a sustainable company will be further accelerated. Thirdly, a consistent improvement of the corporate platform with less complexity and higher efficiency will be pursued in order to continue to generate value for all our stakeholders.