The Supervisory Board at Deutsche Börse has appointed Stephanie Eckermann to the Executive Board. The appointment took effect on 1 June. The 47-year-old will lead the newly created Post-Trading division. The exchange's post-trading business includes the settlement and custody services provider Clearstream, as well as the securities and fund services business of Deutsche Börse.

Previously, the post-trading business, along with pre-trading, was the responsibility of the designated CEO Stephan Leithner, who will succeed CEO Theodor Weimer next year.

The fact that the Supervisory Board wants to separate the two business areas in the future has two grounds. Firstly, the pre-trading business has nothing to do with the post-trading business in terms of content. At the same time, under Leithner's leadership, the pre-trading business has grown significantly in recent years – especially through the acquisitions of Axioma and Simcorp. Together with the index and data business, they form Investment Management Solutions (IMS). Leithner will initially continue to lead this newly formed business area. However, it is not unlikely that IMS, due to its size and strategic importance, will also be placed under its own leadership when Leithner takes over as CEO. But the Supervisory Board has not yet decided on this matter.

From next year, after Weimer has left the company, the Executive Board is expected to comprise seven members: Stephan Leithner (CEO), Gregor Pottmeyer (CFO), Christoph Böhm (COO), Heike Eckert (Human Resources), Thomas Book (Trading & Clearing), Stephanie Eckermann (Post-Trading), and one member for pre-trading.

Eckermann has been working as Managing Director for Deutsche Börse since 2020, and was responsible for the strategic development of post-trading in Leithner's team. According to Supervisory Board Chairman Martin Jetter, Eckermann has played a decisive role in shaping Clearstream's business in recent years. At this year's Annual General Meeting, Weimer emphasised how happy he was not to have sold the business, but to have kept and further developed it.

Eckermann sits on the board of Clearstream Holding, and is also chairwoman of the board of Clearstream Banking AG. Eckermann will now step back from these positions, with her successor at Clearstream expected to be announced soon.