Citycon's Executive Vice President, Finnish Operations, and member of the Corporate Management Committee Michael Schönach has left his position in the company as of May 15, 2012.
Marcel Kokkeel, Chief Executive Officer of Citycon says: "Citycon ends Mr Michael Schönach's agreement with the company. The reason behind this difficult decision is differences in business views and implementation.
"I have a high level of respect for Michael and would like to thank him and wish him all the best in the future. Immediate actions have been taken to find his successor outside the company."