Changes to GESCO AG's Executive Board

02.03.2018

Gesco AG / Key word(s): Change of Personnel/Change of Personnel
Changes to GESCO AG's Executive Board

02-March-2018 / 18:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Wuppertal, 02.03.2018 - The Supervisory Board of Prime Standard listed GESCO AG today decided by mutual agreement with Dr Eric Bernhard not to extend his contract as CEO, which terminates on 31.12.2018.

Contact:

Head of Investor Relations, Oliver Vollbrecht
Tel. +49-202 24820-18
Fax +49-202 24820-49
E-Mail: info@gesco.de
Internet: www.gesco.de

Information and Explanation of the Issuer to this News:

Issuer's information and explanations concerning this announcement
 
After the change process implemented by Dr Bernhard, the Supervisory Board sees the strategic realignment of GESCO Group as completed. For the further development of the Group, the Supervisory Board relies on an industrial manager with many years of operational leadership experience in SME production companies. This successor will take office at the latest by 1 January 2019. Since he is currently still in negotiations with regard to a possible earlier departure from his current employment relationship, the Supervisory Board has agreed with him confidentiality regarding his person. As soon as these questions have been clarified, GESCO AG will inform accordingly in a press release.
 
Investor Relations - Oliver Vollbrecht
Tel. +49 202 24820-18 - Fax +49 202 24820-49
Email: info@gesco.de - Internet: www.gesco.de
 
 

02-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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