46. Events after the closing date
Between the balance sheet date (31 December 2012) and the date of presentation of the accounts (1 March 2013), the following event of material importance to an assessment of the earnings, financial and asset position of METRO AG and METRO GROUP occurred:
On 4 February 2013, the Supervisory Board of METRO AG decided to expand the Management Board. Pieter Haas, formerly a member of the executive board and Chief Operating Officer (COO) of Media-Saturn-Holding GmbH, will join the Management Board of METRO AG as a new member responsible for Media-Saturn and Business Innovation in the second quarter of 2013. As a result, the Management Board will have 5 members.