As planned, Maik Neubauer, who has been a member of the management board and Chief Operating Officer (COO) of European Energy Exchange AG (EEX) so far, moved to the management board of the EEX clearing subsidiary, European Commodity Clearing AG (ECC), with effect as of 1 July 2008. In his new capacity, the 40-year old native of Hamburg will assume the position of the Chief Financial Officer (CFO) and Chief Risk Officer (CRO). The renowned IT and financial market expert will, in particular, take charge of risk controlling at the clearing subsidiary, which is growing continuously.
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