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Mountain Alliance AG: Board re-sizing - Daniel Wild leaves Management Board to join Supervisory Board

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DGAP-News: Mountain Alliance AG / Key word(s): Personnel
17.05.2021 / 15:46
The issuer is solely responsible for the content of this announcement.

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."

Dr. Cornelius Boersch, Chairman of the Supervisory Board of Mountain Alliance AG and Chairman of the Board of Directors of the majority shareholder Mountain Partners AG adds the following: "On behalf of the entire Supervisory Board of Mountain Alliance AG, I would like to thank Daniel Wild for his highly valued contributions as CEO. Assuming the approval of the annual general meeting, I am very much looking forward to a good and intensive cooperation with Daniel on the Supervisory Board."


About Mountain Alliance AG:
Mountain Alliance AG (ISIN: DE000A12UK08) is an operative investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent and experienced investor, the company is dedicated to the industry of the future, in which it has many years of know-how and an excellent network: the digital business. Mountain Alliance AG currently holds portfolio companies in four segments: Technology, Digital Business Services, Digital Retail and Meta-Platforms & Media. Through its listing Mountain Alliance enables its shareholders a simple access to a diversified portfolio of digital and technology based assets.

Contact:
Mountain Alliance AG
Manfred Danner
COO/CFO
Bavariaring 17
80336 Munich
phone: +49 89 2314141 00
fax: +49 89 2314141 11
e-mail: danner@mountain-alliance.de
www.mountain-alliance.de

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Graefelfing/Munich
phone: +49 89 1250903-30
e-mail: sh@crossalliance.de
www.crossalliance.de


17.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Mountain Alliance AG

Bavariaring 17

80336 München

Germany

Phone:

+49 89 231 41 41 00

Fax:

+49 89 231 41 41 11

E-mail:

danner@mountain-alliance.de

Internet:

www.mountain-alliance.de

ISIN:

DE000A12UK08

WKN:

A12UK0

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange

EQS News ID:

1197393


 

End of News

DGAP News Service

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