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Sixt SE: SIXT Supervisory Board appoints internationally experienced economic expert and KPMG regional Board member Kai Andrejewski new Chief Financial Officer as of June 2021

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DGAP-News: Sixt SE / Key word(s): Personnel
15.04.2021 / 12:41
The issuer is solely responsible for the content of this announcement.

SIXT Supervisory Board appoints internationally experienced economic expert and KPMG regional Board member Kai Andrejewski new Chief Financial Officer as of June 2021

- The renowned financial expert and certified public accountant, currently regional Board member and Managing Partner at KPMG, has 25 years of international professional experience and will strengthen the Management Board of Sixt SE as of 1 June 2021

- Supervisory Board Chairman Friedrich Joussen: "Prof. Dr. Andrejewski's experience and knowledge make him the ideal person to continue to accompany SIXT's growth strategy with continuity as well as reliable and conservative financial planning. We would like to thank his predecessor Jörg Bremer for his great commitment over the past three years."

- Erich Sixt: "The historically exponential growth through our digitalisation and internationalisation strategy ONE requires in equal measure a further transformation and digitalisation of our finance department. In doing so, we will continue to rely on our successful solid and conservative finance strategy and are pleased that we have been able to attract Kai Andrejewski to join our Management Board team as an expert who brings a high level of integrity and team spirit."

- Prof. Dr. Andrejewski will be responsible for the departments Global Financial Performance, Corporate Finance, Tax, Legal and Governance & Controls. The company has appointed Sebastian Birkel, a long-time SIXT manager and former CEO for SIXT USA, as divisional Board member for the new Global Financial Performance division that will combine the areas of Finance, Controlling and Vehicle Purchasing. The finance department is thus being expanded to include the important area of vehicle purchasing

Pullach, 15 April 2021 - On its way to lead SIXT into the future as the number 1 digital and international mobility provider and to continue to successfully assert itself in a rapidly changing economic world, the company is adapting its finance division and strategically and decisively strengthening its management. As of 1 June 2021, the Supervisory Board is appointing Prof. Dr. Kai Andrejewski (53) to the Management Board of Sixt SE to serve as the new Chief Financial Officer (CFO), with responsibility for Global Financial Performance, Corporate Finance, Tax, Legal and Governance & Controls. The company is appointing Sebastian Birkel (38), a long-time SIXT manager and former CEO for SIXT USA, a divisional Board member for the new Global Financial Performance division, in which the areas of Finance, Controlling and Vehicle Purchasing are being bundled. The finance department is thus being expanded to include the important area of vehicle purchasing. The new structure underscores the holistic orientation of Sixt SE's finance division with the objective of dovetailing cross-divisional information requirements.

Kai Andrejewski has over 25 years of impressive international experience, including 10 years as a regional Board member and Managing Partner at the renowned auditing firm KPMG. There, the Munich-based financial expert worked closely and successfully with global corporations in various industries for 18 years in total. The certified public accountant who holds a doctorate degree and tax consultant began his professional career in 1993 and held positions in Chicago, Paris, Berlin, Hamburg, Düsseldorf and Munich. As Managing Partner, he looked after well-known and globally active DAX and MDAX companies. He has also headed the KPMG Think Tank Audit Committee Institute since 2016. He was appointed Professor of Accounting and Auditing at the Private University of Applied Sciences in Göttingen in 2011.

In his new role, Kai Andrejewski succeeds Jörg Bremer, who is leaving SIXT on 1 June 2021 on the best of terms to pursue new professional challenges.

Friedrich Joussen, Chairman of the Supervisory Board of Sixt SE: "Prof. Dr. Andrejewski's many years of experience and knowledge, particularly in the areas of tax and capital market law as well as corporate governance, make him the ideal person to continue to accompany SIXT's growth strategy with continuity as well as reliable and solid financial planning. We are certain that he will make a decisive contribution to further advancing Sixt SE's successful course as a modern mobility service provider. We would like to thank his predecessor Jörg Bremer for his great commitment over the past three years and wish him all the best for his future career."

Erich Sixt, Chairman of the Management Board of Sixt SE: "The historically exponential growth through our digitalisation and internationalisation strategy ONE requires in equal measure a further transformation and digitalisation of our finance department. In doing so, we will continue to rely on our successful solid and conservative finance strategy and are pleased that we have been able to attract Kai Andrejewski to join our Management Board team as an expert who brings a high level of integrity and team spirit. He shares our clear vision of international, digital and sustainable mobility. Mobility that makes life easier for people and brings them together. We thank Mr. Bremer for his strong commitment and successful work for SIXT and wish him all the best for his professional and personal life."

"SIXT is a unique company with an incredible success story, a distinctive culture and an inspiring future vision of mobility. As Chief Financial Officer, I will not only focus on the figures, but also on the values behind them. Inspiring the financial market with the idea of sustainable and individual mobility as SIXT creates it is a fantastic opportunity and challenge," says Kai Andrejewski, future CFO of Sixt SE.


About SIXT
Sixt SE with its registered office in Pullach near Munich, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT share, SIXT ride and SIXT+ the company offers a uniquely integrated premium mobility service across the fields of vehicle and commercial vehicle rental, car sharing, ride hailing and car subscriptions. The products can be booked through one single app, which also integrates the services of its renowned mobility partners. SIXT has a presence in around 110 countries around the globe. The company is characterized by consistent customer orientation and excellent customer experience, a living culture of innovation with strong technological expertise, the high share of premium vehicles in its fleet and an attractive price-performance ratio. The Sixt Group doubled its revenue since 2009 and generated revenues of EUR 3.31 billion in 2019 and is ranked as one of the most profitable mobility companies in the world. In 2020, SIXT generated consolidated revenues of EUR 1.53 billion despite travel and outbound restrictions due to the COVID 19 pandemic and reported a positive consolidated net income of EUR 2 million after cost savings of approximately EUR 600 million among others. Sixt SE is the parent company of the Group and has been listed on the Frankfurt stock exchange since 1986 (ISIN ordinary share: DE0007231326, ISIN preference share: DE0007231334).
https://about.sixt.com


Press contact
Sixt SE
Kathrin Greven / Stefanie Seidlitz
Sixt Central Press Office
Tel.: +49 - (0)89 - 74444 6700
E-mail: pressrelations@sixt.com


15.04.2021 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:

Sixt SE

Zugspitzstraße 1

82049 Pullach

Germany

Phone:

+49 (0)89 74444-5104

Fax:

+49 (0)89 74444-85104

E-mail:

investorrelations@sixt.com

Internet:

http://ir.sixt.eu

ISIN:

DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt Namensaktien, DE000A2BPDU2 Sixt-Anleihe 2016/2022, DE000A2G9HU0 Sixt-Anleihe 2018/2024, DE000A3H2UX0 Sixt-Anleihe 2020/2024

WKN:

723132

Indices:

SDAX

Listed:

Regulated Market in Frankfurt, Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange

EQS News ID:

1185265


 

End of News

DGAP News Service

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