The Supervisory Board of Corestate Capital Holding appointed Lars Schnidrig its new Chief Executive Officer (CEO) and Chairman of the Management Board for four years. The 46-year-old former Chief Financial Officer has held the functions of CEO and Chairman of the Management Board on an interim basis since 31 December 2018. At the same time, the management contract of Co-Founder Thomas Landschreiber as Chief Investment Officer was also extended for another three years.
From now on, Lars Schnidrig will be responsible for the strategic orientation of the company as well as the central areas M&A, Finance, Investor Relations, Communications, Legal Affairs and Human Resources. Thomas Landschreiber will continue to be responsible for the Group’s operative business with a focus on Equity Raising and Investment Management. An experienced management team will support the Management Board on managing the Group.
“We are very pleased to have Lars Schnidrig, a high-profile candidate, serve as our CEO and thus ensure continuity in the management of the Group. As CFO of Corestate since July 2017, he has provided significant entrepreneurial impetus, put the Group on a very solid financial footing and accompanied the strategic transformation process with a high level of personal commitment. Together with Co-Founder Thomas Landschreiber, who has been a successful Chief Investment Officer for many years, he will consistently develop the company further. Thus, the management of Corestate Holding is sustainably oriented,” commented Micha Blattmann, Chairman of the Supervisory Board.
“Corestate is excellently positioned as a successful investment platform for our clients. I will now do everything in my power to further implement our ambitious growth targets. We will achieve this with innovative products, by accessing new groups of investors and by pursuing an absolute customer focus. As in the past, we will also exploit opportunities for value-creating inorganic growth and focus on strategic partnerships. Together with Thomas Landschreiber, I intend to develop Corestate into the most attractive platform for real estate investments in Europe,” Chairman of the Management Board Lars Schnidrig added.