Jens Hoter follows Klaus Taube as CEO of Eurofactor Germany

Jens Hoter will succeed Klaus Taube as CEO of Eurofactor AG on 1st of January 2015.  

During the course of his career, Jens Hoter (45) held successfully several positions in different factoring companies. He contributed more than ten years of service to Coface Finanz GmbH, a factoring subsidiary of the Coface Group, where he served as Member of the managing board from 2007 to 2013.

After having served for 13 years (for 9 years as CEO) in the management board, Klaus Taube (63) is leaving Eurofactor AG for reasons of age at the end of this year. Klaus Taube played a crucial role in leading Eurofactor Germany to the forefront of the German factoring market and in achieving excellent commercial and financial results. Eurofactor AG gained under his leadership an outstanding reputation not only in Germany, but also internationally. Along many other projects Klaus Taube directed successfully the integration of the sister company Eurofactor Benelux in 2013.

The Supervisory Board would like to express its sincere thanks to Klaus Taube for his many years of excellent service.

Eurofactor AG was founded in 1988, its head office is located in Oberhaching near Munich.  Being part of Crédit Agricole Leasing & Factoring that belongs to the French Credit Agricole Group, one of the largest worldwide banking groups, Eurofactor AG offers receivable finance solutions to companies. It is one of the leading factoring providers in Germany and since more than 25 years active in the German factoring market. Since 2013, Eurofactor AG is as well present in the Benelux factoring market through its subsidiary Eurofactor Benelux, which is located in Brussels.