The Supervisory Board of Vonovia SE has unanimously decided to appoint Katja Wunschel as the new Chief Development Officer (CDO), effective June 1, 2026, succeeding Daniel Riedl, who will leave the Board by mutual agreement on May 31, 2026. Wunschel will join the company on April 1, 2026, for a two-month induction period. Additionally, the Board has renewed the contract of Chief Human Resources Officer (CHRO) Ruth Werhahn ahead of schedule, extending it until September 30, 2029.
Clara C. Streit, Chair of the Supervisory Board, stated that Wunschel brings extensive experience in project management and large investment projects, particularly in modular construction, which is crucial for Vonovia's development business. "Development has been a key component of the company's growth since 2018," Streit noted, expressing confidence that Wunschel will continue to drive innovation in new housing and modular construction. Wunschel, previously CEO of RWE Renewables Europe & Australia GmbH, highlighted the similarities between the energy and real estate sectors in delivering standardized projects at scale.
Regarding Werhahn, Streit praised her progress in enhancing the employer brand and corporate culture, especially amid demographic changes and skilled labor shortages. Werhahn expressed gratitude for the trust placed in her, emphasizing that a modern corporate culture is essential for growth. She noted that Vonovia attracted approximately 2,800 new employees this year, primarily in maintenance, and continues to expand its workforce of around 12,500 employees.
Vonovia SE, Europe's leading private residential real estate company with 533,000 units in Germany, Sweden, and Austria, focuses on sustainable development and rental of modern, energy-efficient housing. The company's 2028 growth strategy emphasizes strengthening Value-add, Development, and Recurring Sales segments, promoting innovative technologies like serial modernization and modular construction. Vonovia has been listed on the stock exchange since 2013 and is a constituent in the DAX and other indices, including DAX 50 ESG and STOXX Global ESG Leaders.
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