DEAG appoints Roman Velke as CFO

Deutsche Entertainment AG (DEAG) has appointed Roman Velke chief financial officer (CFO), effective 1 April.

Velke succeeds Ralph Quellmalz, who departs to “take on new professional challenges”. Under Quellmalz’s tenure, the German promoter was set on “an import course towards internationalisation”, according to the company’s board, and the former CFO played a key role in growing DEAG’s profitable family entertainment and arts/exhibitions businesses.

Velke joined DEAG in 2011 from accountancy firm BDO, and formerly held the impressively wordy job title of divisional board member – business and financial affairs, M&A.

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