20 October 2017
Register now

RTS chairman of executive board Engelbert Gemuenden retires

03 November 2008  |  1975 views  |  0 Source: RTS Realtime Systems Group

RTS Realtime Systems Group (RTS), a leading global trading solutions provider, announced today that Engelbert Gemuenden is retiring as Chairman of the company's Executive Board, effective October 31.

He will assume a new worldwide non-executive, advisory role as Chairman of the firm's Supervisory Board. Steffen Gemuenden, Co-CEO of RTS, will become CEO and Chairman of the Executive Board upon his father's retirement.

Headquartered in Frankfurt, Germany, RTS relies on its Executive Board for day-to-day management of the company. The Supervisory Board advises the Executive Board on long-term strategy and direction. Prof. Dr. Joerg Franke, former CEO of Eurex, and Serge Demoliere, Executive Board member of LBB, Berlin, also serve on the RTS Supervisory Board.

Engelbert Gemuenden said: "It has been a great honor to help RTS grow into one of the leading providers of trading solutions in the world. We produce world-class, easy-to-use software, and I believe that our extensive technology offering is second to none. I am particularly proud that our privately held company has been profitable every year since its inception in 1992, and customer demand is stronger than ever. With Steffen at the helm, RTS is well equipped to meet the challenges of a rapidly changing landscape, and I look forward to making new contributions in an advisory capacity."

Said Steffen Gemuenden: "My father has been instrumental in the success of RTS and in the development of our core disciplines and competencies. We thank him for his contributions in building the company into one of the leading global financial organizations and know that his valuable experience and ideas will continue to enhance our strategic direction."

 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.vasco.comvisit www.fivedegrees.nl

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15923 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
9024 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8166 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7197 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6337 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job