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WAGNER STEPS DOWN AS CEO OF DANZAS

WAGNER STEPS DOWN AS CEO OF DANZAS

   Peter Wagner, the chief executive officer of the expansion-minded group Danzas, has resigned from both Danzas and from its parent company Deutsche Post AG, where he has been a member of the management board.

   Danzas said that Wagner, CEO since 1996, has decided to leave to become chairman of Vontobel Holding AG, a Swiss private bank. He will leave Danzas on Dec. 31.

   Renato Chiavi, head of the intercontinental business unit of Danzas, will succeed Wagner as CEO of the Danzas group, effective Dec. 1.

   Deutsche Post will reduce the size of its management board. Peter Kruse will assume Wagner’s responsibilities on the Deutsche Post management board.