Xior: Chief Financial Officer to step down at end of 2026
The Belgian real estate company listed on Euronext Brussels is reorganizing its financial management following more than fourteen years of collaboration with its Chief Financial Officer.
End of Frederik Snauwaert's mandate on December 31, 2026
Xior Student Housing NV announced on September 14, 2026 the end of Frederik Snauwaert's mandate as Chief Financial Officer (CFO) and Executive Director, effective December 31, 2026.
According to the statement, this decision was taken by mutual agreement in order to align the company's financial management with its next phase of growth. Frederik Snauwaert remains involved with Xior as a shareholder.
The Board of Directors and management team expressed their gratitude for his contribution over more than fourteen years to the development of the group. From the beginning of the year, he will dedicate himself to a new professional project.
Transition ensured and successor sought
Frederik Snauwaert will remain in position until December 31, 2026 and will work alongside the Board of Directors and management team to ensure the transfer of his responsibilities and the continuity of the financial organization.
The Board of Directors has initiated the search for a successor and indicates that it will keep the market informed of developments in this process. During the transition, the company will rely on its existing financial team for the organization of financial reporting, financing and governance processes.
