Andreas Segal, member of the management board and chief financial officer of Deutsche Wohnen AG is leaving the company by mutual agreement with effect as of November 11, 2015. The responsibilities of Mr. Segal will be taken over by Michael Zahn (Investor Relations, Legal) and Lars Wittan (Corporate Finance). Andreas Segal was a member of the management board of Deutsche Wohnen AG since January 2014.

Andreas Segal is leaving the company amid its takeover battle with Vonovia. CEO Michael Zahn and chief investment officer Lars Wittan will take over his responsibilities.