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DGAP-News: Mountain Alliance AG / Key word(s): Personnel
Mountain Alliance AG: Board re-sizing - Daniel Wild leaves Management Board to join Supervisory Board
Munich, 17 May 2021 - Daniel Wild, Chairman of the Management Board of Mountain Alliance AG (ISIN DE000A12UK08), will leave his position at the end of the annual general meeting on 30 June 2021 as part of the further optimisation of board sizes and is to move up to a down-scaled Supervisory Board in the context of the upcoming elections.
Daniel Wild, who has been CEO of the company in its current form since 2010 explains: "Our company has evolved a lot since its beginning as an e-commerce company builder in 2010. That has become apparent above all in the positive developments and value crystallisations of the last 18 months, as demonstrated by the entry of renowned investors in our holdings and last year's IPO of Exasol AG. We have decided to reduce the size of the Management Board and the Supervisory Board to ensure that the company is burdened with lower overheads, which will benefit shareholders. As the third largest shareholder, I wish to remain connected to the company and continue to aid strategic decisions as part of the Supervisory Board. I will continue to be available as a direct contact for existing and future investors. The development phase of our company is now completed. With Manfred Danner as sole director, I believe we are very well positioned for continued success."
17.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
Mountain Alliance AG
+49 89 231 41 41 00
+49 89 231 41 41 11
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange
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