Mar 13, 2024 - Emmen

Ad hoc announcement pursuant to Art. 53 LR

Board of Directors appoints future Group Management Board

The plan for the optimum alignment of the company to the tasks of the future is entering its next phase. In order to improve sales and profitability even more and at the same time further increase the necessary speed and flexibility, the Group Management Board will in future consist of a team of eight people.

Ingo Adolphs, Tom Brunner, Jorge Gállego, Wolfgang Krainz and Espen Zachariassen will join Jan Bogdanovich, Andreas Kuhn, and Thomas Meyerhans. The future CEO will be appointed from among these experienced managers, all of whom have been with the company for years.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “The new management setup takes into account the significant international expansion and the increasing complexity of the business. The key to the company's success lies in leveraging and monetising our entire ecosystem in combination. With the new composition of the Group Management Board and its strong focus on sales, we have set the course to fully exploit the opportunities that this industry continues to offer.”

Contact

For media inquiries:

Beate Flamm

Senior Vice President Sustainable Change
+49 151 61266047
beate.flamm@also.com

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