(new: headline, company confirmation of media report on personnel changes in the Executive Board, current share prices)

FRANKFURT (dpa-AFX) - A report confirmed by Aurubis about serious personnel changes in the company's management did not weigh significantly on the copper group's shares on Monday. At the end of the day, they were down 4.3 percent with hardly any change, remaining among the biggest MDax losers and trading at their lowest level since the beginning of September. At that time, the company had canceled its profit outlook for the financial year due to extensive metal thefts, which had resulted in a three-digit million loss.

The company announced that representatives of the Supervisory Board were negotiating with three out of four members of the Management Board about premature termination of their Management Board activities. Accordingly, CEO Roland Harings would leave the Executive Board on September 30, CFO Rainer Verhoeven on June 30 and Chief Production Officer Heiko Arnold on February 29, 2024. A decision is to be made by the Supervisory Board on Tuesday. Prior to this, "Manager Magazin" had reported accordingly, citing company circles. According to the report, only Inge Hofkens, the new member of the Management Board responsible for recycling who was appointed a year ago, will remain in office./gl/he