The Exchange Council of the Frankfurt Stock Exchange elected a new Deputy Chairman in its meeting of 14 November 2014; Dr Matthias Zieschang, Executive Director of Controlling and Finance at Fraport AG, will be taking over from Dr Werner Brandt, who stepped down as of 30 June 2014. The Exchange Council also elected a new representative for the issuers voter group, Simone Menne, Chief Financial Officer and Executive Board member responsible for Aviation Services at Deutsche Lufthansa AG.
The Exchange Council of the Frankfurt Stock Exchange has 18 members who were elected for a term of three years. It is the highest controlling and supervisory body of a stock exchange. Primary duties include appointing and supervising the stock exchange management as well as issuing the exchange regulations, the fee scale and the terms and conditions for exchange transactions. Chairman of the Exchange Council is Dr Lutz Raettig.