FRANKFURT (Reuters) - The chief executive of Software AG will step down when his contract ends on July 31 for age reasons, and a decision on a successor has not yet been made, a spokesman said on Wednesday.
Karl-Heinz Streibich, 65, has been in office since 2003.
Handelsblatt first reported the retirement.
The Darmstadt, Germany-based company is scheduled to release its 2017 earnings on Thursday.
(Reporting by Hans Seidenstuecker; Writing by Tom Sims, editing by David Evans)
| 1st Jan change | Capi. | |
|---|---|---|
| +35.52% | 394B | |
| +34.23% | 237B | |
| +7.40% | 158B | |
| +27.84% | 64.98B | |
| +38.74% | 39.29B | |
| +162.53% | 28.58B | |
| -16.16% | 24.05B | |
| +28.01% | 21.89B | |
| +48.74% | 14.39B |
SOFTWARE AG 
