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GK Software SE: Supervisory Board appoints Michael Scheibner as new CEO - Seite 2

“Michael Scheibner represents GK's international growth strategy in particular,” says Fraser. “He is an accomplished expert in the global retail landscape and has been instrumental in GK's development into a global solution provider and innovation driver. He stands for the development of new markets and, at the same time, with CFO André Hergert and Michael Jaszczyk, for continuity in management following the investment of Fujitsu.”

“I am very much looking forward to leading the fortunes of GK in the future and thank the founders Rainer Gläß and Stephan Kronmüller for the work they have done. The new board will focus on continuing our success story, on focusing and scaling, and on further go-to-market of our leading solutions worldwide,” comments Michael Scheibner.

 

About GK Software SE

GK Software SE is a leading global provider of cloud solutions for the international retail industry and one of the fastest growing companies in its field. The cornerstones of the company are self-developed, open and platform-independent solutions. Thanks to its comprehensive product portfolio, 22 percent of the world's 50 largest retailers currently rely on solutions from GK. The company's customers include Adidas, Aldi, Coop (Switzerland), Edeka, Grupo Kuo, Hornbach, HyVee, Lidl, Migros, Netto Marken-Discount and Walmart International. GK has subsidiaries in the U.S., France, Czech Republic, Switzerland, South Africa, Singapore, Australia and holds ownership or majority stakes in DF Deutsche Fiskal GmbH, Artificial Intelligence for Retail AG and retail7, among others. Since its IPO in 2008, the company has grown more than sevenfold and generated revenues of 152.1 million EURO in 2022. GK was founded in 1990. In addition to its headquarters in Schöneck, the group now operates 15 sites worldwide. GK's goal is to become the leading cloud solutions company in the retail industry worldwide, enabling consumers on all continents to enjoy the best possible shopping experiences. On 18 May 2023, Fujitsu Ltd. announced that it holds 68.03 percent of the shares in GK Software SE through its subsidiary, ND Fujitsu Solutions AG, Munich.