Gold trader Degussa is experiencing a turbulent week. In Frankfurt, the entire executive leadership team was unexpectedly replaced. In Switzerland, meanwhile, the company has quietly appointed an experienced private banker to lead its local operations.
New Degussa CEO: Alexander Betz. (Image: zVg)
Thursday, 11 June 2026 09:41
Precious metals dealer Degussa announced on Tuesday that CEO Christian Rauch and CFO Mark Sommer are leaving the company with immediate effect. No reasons were provided. The company stated that the decision had been taken «by mutual agreement» at a meeting of the board of directors. German business newspaper Handelsblatt was the first to report on the upheaval at the top of Degussa.
Alexander Betz, formerly Chief Digitalisation Officer at real estate investment company Patrizia, will become the new CEO. The position of CFO will be assumed on an interim basis by board member Tino Porzel. Owner August François von Finck stated that Degussa «stands on a strong foundation and is better positioned than ever.» The company even spoke of record revenues for 2025.
