Stefan Kirsten

from Wikipedia, the free encyclopedia

Artur Stefan Kirsten (* 22. February 1961 in Berlin ) is a German manager and honorary professor at the Aachen University in the Department of Economics .

Life

Artur Stefan Kirsten went to school in Hamburg , Erftstadt and Buchholz in the Nordheide from 1967 . After graduating from high school in 1980, he did his military service . He is currently a reserve officer with the rank of major in the reserve. At the same time, he began studying economics , mathematics and statistics at the Fernuniversität in Hagen in 1981 , which he continued after completing his military service at the Georg-August University in Göttingen in business administration . After graduating with a degree in business administration, he went on to do a doctorate in business law at the Leuphana University of Lüneburg . In 1990 he completed the overall defense course at the command academy of the Bundeswehr .

Stefan Kirsten is married and has a daughter from his first marriage, who was born in 1998.

Professional background

During his doctoral studies, Kirsten began working as an auditing assistant at the tax consultancy and auditing company Arthur Andersen & Co. in Hamburg. In 1987 he moved to Rheinmetall GmbH in Düsseldorf as assistant to the chairman of the management board . From 1990 he headed the controlling department of the subsidiaries and participations at WMF Württembergische Metallwaren Fabrik AG in Geislingen an der Steige .

In 1992 Artur Stefan Kirsten went to London as Director, Finance & Planning at EMI Music Continental Europe, in 1994 he rose to EMI International's Vice President Finance in the Europe and Operations division and in 1995 became Deputy Managing Director of the German subsidiary EMI Electrola GmbH in Cologne . In 1996 he moved to Metro AG in Cologne as head of planning and controlling. His task was to establish structures and processes in order to manage the Metro Group as a closed economic unit and to make it competitive in the international capital markets. In 1998 he was a fully authorized representative and from 2000 a member of the management board and chief financial officer in Düsseldorf.

In 2002 he moved to Thyssenkrupp AG in Düsseldorf as Chief Financial Officer . During this time he was largely responsible for the accelerated debt reduction of the company and the conversion to International Financial Reporting Standards (IFRS), then still International Accounting Standards (IAS). He did not renew his contract as CFO, which expired in 2007.

In August 2007 he worked, initially as CFO and from 2008 as Chief Executive Officer at the Majid Al Futtaim Group in Dubai . In 2010 he also became a partner at SCCO International in Dubai. From 2010 to 2011 and again from 2015 he was on the supervisory board of Jerónimo Martins SGPS, SA in Lisbon , as well as some parent and sister companies of the same group. Since 2018 he has been a member of the Supervisory Board of Bottle Post SE in Münster.

In 2011 Artur Stefan Kirsten became CFO of the housing company Deutsche Annington. In particular, his tasks consisted of successfully refinancing Europe's largest private securitization - GRAND (German Residential Asset Note Distributor plc) - by the end of 2012 in order to then go public in 2013. He was also largely responsible for the takeover of the competitor Gagfah SA by Deutsche Annington in 2014, which was decisive for the group's name change to Vonovia SE. The company was included in the Dax 30 in September 2015 . In May 2018 he ended his position on the Board of Management at his own request. He is still chairman of the supervisory board of Vonovia Finance BV in the Netherlands . He has been a member of the Advisory Board of the Vivion Group in Luxembourg since 2019.

College career

Artur Stefan Kirsten received his doctorate in economics and social sciences from the University of Lüneburg in 1990. The dissertation dealt with criteria for supplementing the auditor's report according to Section 322 (2) HGB . He also took part in the Stanford University Executive Program of the Graduate School of Business in 1996 . In 1997 he began teaching at the Westphalian University of Applied Sciences in Gelsenkirchen , which in 2001 appointed him as an honorary professor in the business department. His teaching activities there focus on the subjects of corporate management , finance and accounting .

In the context of his work on the board of Thyssenkrupp he was invited to the technology talks of the European Forum Alpbach in 2002 in the working group company valuation between cyber capitalism and economic reality . Further lectures took him to the Ludwig Maximilians University in Munich in 2003 in the business administration department , in 2004 to the WHU - Otto Beisheim School of Management and, in parallel, from 2003 to 2005 again to the University of Lüneburg, each in the economics department.

In 2003, Kirsten provided technical support to Jonas Ridderstråle and Kjell A. Nordström on their book project Karaoke Capitalism: Fitness and Sex Appeal for Tomorrow's Business . In 2007, he was a visiting scholar at Stanford University in the Management Science and Engineering department, where he taught risk management and researched behavioral finance, a discipline in the field of behavioral economics . In July 2016 he was invited to the 12th Handelsblatt CFO Congress as a guest speaker. Since 2017 he has given lectures at the Ruhr University Bochum at the Chair of Finance and Credit Management and at the Economic Forum of the Institute for Corporate Management.

Awards

  • 2004 and 2005 European CFO of the year for the Steel Industry at Thomson Reuters
  • 2015 Corporate Finance Award - Sustainability in Financial Strategy from the Börsen-Zeitung
  • 2017 CFO of the year (Germany) of Finance magazine
  • 2017 and 2018 Best CFO in the 2018 All-Europe Executive Team. Financial Institutions: Property and in the overall and sell-side categories of the US magazine Institutional Investor

Supervisory board mandates

  • since 2012 Sociedade Francisco Manuel dos Santos BV, Netherlands
  • since 2015 Vonovia Finance BV, Netherlands
  • since 2015 Jerónimo Martins, Portugal
  • 2017–2018 Conwert Immobilien Invest SE, Austria
  • since 2017 Movendo Capital BV, Netherlands
  • 2018–2019 Buwog AG, Austria
  • since 2018 Bottle Post SE, Germany

voluntary work

  • since 2004 on the board of the Stanford Club of Germany e. V., Berlin
  • 2006–2008 and since 2016 member of the board of the Economic Science Society at the Humboldt University in Berlin
  • Member of the Board of Trustees of the Soldiers and Veterans Foundation (SVS) of the German Armed Forces Association since 2018

Publications

  • Real estate financing via the capital market . In: Jürgen Schäfer, Georg Conzen (Hrsg.): Practical handbook real estate investments , 3rd edition. Verlag CHBeck , Munich 2016, ISBN 978-3-406682681 .
  • Add. m. Nils Crasselt and Bernhard Pellens: The importance of ratings for investment and financial planning . In: Gerhard Seicht (ed.): Yearbook for Controlling and Accounting 2007 . LexisNexis ARD Orac, Vienna 2007, ISBN 978-3-700736066 , pp. 99-113.
  • Add. m. Johannes Schiffer: Pensions as a challenge for companies . In: ZfbF, Schmalenbach's Journal for Business Research , No. 5, 58th year. Springer Fachmedien Wiesbaden, August 2006, ISSN 0341-2687, pp. 675-689.
  • Add. m. Olaf Berlien, Jochen Oelert, Robert Schutt: Increase in value through the best group program at ThyssenKrupp . In: Nikolaus Schweickart , Armin Töpfer (Hrsg.): Value-oriented management: maintaining value - managing value - holistic design . Springer, Heidelberg 2005, ISBN 978-3-540258681 , pp. 597-608.
  • Appropriate controlling is crucial for financial success , special supplement to Börsen-Zeitung , No. 188, September 29, 2004.
  • Globalization: a challenge for companies and politics! . In: Betriebs-Beratung , vol. 59, No. 38, BB-Special 3/2004, from September 20, 2004, ISSN 0340-7918, p. 1.
  • The supervisory board - a factor in the capital market? . Guest comment in: The Supervisory Board , No. 02 of February 15, 2004, ISSN 1613-1282, p. 2.
  • Investor Relations - mediator between the subjective and objective side of the capital market - standardization vs. Individualization of the information to the capital markets . In: Karlheinz Küting , Norbert Pfitzer and Claus-Peter Weber (eds.): Challenges and opportunities through global accounting standards - capital market-oriented accounting and integrated corporate management . Schäffer-Poeschel Verlag , Stuttgart 2004, ISBN 978-3-791-02344-1 , p.
  • Integration management of acquisitions and mergers . In: Rolf Eschenbach (Ed.): External growth: alliances, holdings, acquisitions. Conference report . Service specialist publisher at the Vienna University of Economics and Business, Vienna 1994, ISBN 978-3-854-28279-2 .
  • Criteria to supplement the auditor's report according to Section 322 (2) HGB , dissertation at the University of Lüneburg, Lüneburg 1991.

Web links

Individual evidence

  1. ↑ Finance heads: Prof. Dr. A. Stefan Kirsten, Vonovia SE. In: Finance-Magazin.de. Accessed May 17, 2019 .
  2. ↑ a b Interview with A. Stefan Kirsten from Alfred Biel: Effects of the introduction of the International Financial Reporting Standards (IFRS) on controlling and corporate practice - using the example of ThyssenKrupp AG . In: CM Controller Magazin . No. 03/2005 . Publishing house for controlling knowledge , ISSN  1616-0495 , p. 263-268 .
  3. ↑ rtr: Metro group downsizes board. In: welt.de. September 22, 2000, accessed May 17, 2019 .
  4. ↑ Metro AG Annual Report 2002, p. 129
  5. ↑ Company news from March 1st, 2002
  6. ↑ Company announcement dated August 11, 2006 on the Supervisory Board meeting
  7. ↑ a b Ursula Schwarzer: Deutsche Annington. Stefan Kirsten becomes CFO. In: Manager Magazin. October 28, 2010, accessed May 17, 2019 .
  8. ^ Profile on the website of Jerónimo Martins
  9. ↑ Press release from the law firm White & Case: White & Case advises Deutsche Trustee on refinancing of Deutsche Annington's GRAND. In: whitecase.com. July 30, 2013, accessed May 20, 2019 .
  10. ↑ Annette Becker: Monopoly on the Housing Market - Interview: Stefan Kirsten “We deliver an alternative” . In: Börsen-Zeitung . No. 197 , October 15, 2015, p. 11 .
  11. ↑ Vonovia share: Real estate giant with a focus on residential real estate. In: ariva.de. Retrieved May 21, 2019 .
  12. ^ Profile on the Vonovia Supervisory Board website
  13. ↑ About Us: Directors and Management Team - Advisory Board. In: vivion.eu. Retrieved June 27, 2020 (English).
  14. ^ Worldcat.org entry
  15. ^ Note in the announcement about the fireplace chat with Dr. Stefan Kirsten of the Stanford German Student Association (SGSA)
  16. ↑ Announcement on the website of the European Forum Alpbach
  17. ↑ Profile on the conference site
  18. ↑ Overview on the website of the Westphalian University
  19. ↑ Published in German in 2005: Jonas Ridderstråle, Kjell A. Nordström: Karaoke Capitalism. Fitness and sex appeal for tomorrow's business . Redline Wirtschaft, Heidelberg 2005, ISBN 3-636-03043-4 .
  20. ↑ Profile on the congress website
  21. ↑ Axel Höpner: Vonovia expects advantages from Brexit. In: handelsblatt.com. July 5, 2016, accessed May 20, 2019 .
  22. ↑ Syllabus for the winter semester 2018/19
  23. ↑ Announcement on the website of the Faculty of Economics
  24. ^ Walther Becker: Corporate Finance Award: The candidates (2): Housing giant Deutsche Annington on course for the Dax . In: Börsen-Zeitung . No. 98 , May 27, 2015, p. 11 .
  25. ↑ Jakob Eich: Stefan Kirsten is CFO of the year 2017. In: Finance-magazin.de. November 9, 2017. Retrieved May 17, 2019 .
  26. ↑ Online presence of the Institutional Investor
  27. ↑ Report on drimble.nl
  28. ↑ Press release from Conwert Immobilien Invest SE of January 27, 2017
  29. ↑ Report on drimble.nl
  30. ↑ Annual report 2017/18 of the Buwog Group , p. 114
  31. ^ Website of the Stanford Club of Germany e. V.
  32. ↑ Article for download as pdf
personal data
SURNAME Kirsten, Stefan
ALTERNATIVE NAMES Kirsten, Artur Stefan
BRIEF DESCRIPTION German manager and honorary professor
DATE OF BIRTH February 22, 1961
PLACE OF BIRTH Berlin