Act reliably
Our Annual Report
Act reliably
Our Annual Report
Bochum, September 17, 2025 – Daniel Riedl will depart from the Management Board of Vonovia SE by mutual agreement effective May 31, 2026, to pursue new professional opportunities. He will fulfill his contract as Chief Development Officer until the end of May 2026, but does not seek to extend his tenure beyond that date.
Clara C. Streit comments on Daniel Riedl’s departure: “On behalf of the entire Supervisory Board, I would like to warmly thank Daniel Riedl for his dedicated service over the past eight years. As Chief Development Officer, he played a decisive role in the company’s success. He navigated the Development segment safely through the integration and the new construction crisis. We wish him continued success in both his personal and professional future. Since 2018, the Development segment has been a central pillar of Vonovia’s growth, and the Supervisory Board will now ensure a timely succession.”
“When I was appointed member of the Management Board of Vonovia nearly eight years ago, as part of Vonovia’s acquisition of BUWOG, I did not expect to be able to contribute here for such a long time. Now, the time has come for a new phase in my professional career, during which I will share my experience as a DAX and ATX5 executive in consulting and by taking on various mandates,” says Daniel Riedl.
“After eight intense years at Vonovia, I am leaving the company with a sense of both nostalgia and anticipation. Together, we have accomplished a great deal and can be truly proud of our achievements. I would like to thank the Management Board and all my colleagues for the trustful collaboration—especially, of course, the employees of BUWOG in Germany and Austria. At the same time, I look forward to the exciting new challenges that await me,” Daniel Riedl continues.
On behalf of the Management Board of Vonovia SE, Daniel Riedl will continue to hold Supervisory Board mandates at companies such as Gropyus and Quarterback even beyond the term of his board contract. This ensures his ongoing connection to Vonovia.
Rolf Buch states: “It is with great regret that I accept Daniel Riedl's decision. On behalf of the entire Management Board and personally, I would like to express my sincere gratitude for his consistently professional and committed collaboration. Since him joining the Management Board, our company has made significant progress, building more than 18,000 new apartments and pioneering serial construction. New construction remains an important part of our growth strategy going forward. I wish Daniel Riedl every success and all the best in his future endeavors."
Daniel Riedl holds a degree in Business Administration and is a Fellow of the Royal Institution of Chartered Surveyors. From 2004 to 2011, he led BUWOG and was a member of the Management Board of IMMOFINANZ AG from 2008 to 2014. From early 2012 to October 2013, he served as Chairman of the Supervisory Board of BUWOG. In November 2013, Riedl was appointed CEO of the BUWOG Group, successfully leading the company through its spin-off from IMMOFINANZ AG and subsequent IPO, serving as its CEO until it was delisted at the end of 2018. Upon completion of his mandate in May 2026, Daniel Riedl will have served eight years on the Management Board of Vonovia SE.