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    DGAP-News  820  0 Kommentare Gesco AG: Dr Eric Bernhard appointed Chief Executive Officer, Dr Hans-Gert Mayrose to leave Executive Board end of the year

    DGAP-News: Gesco AG / Key word(s): Change of Personnel/Change of Personnel
    Gesco AG: Dr Eric Bernhard appointed Chief Executive Officer, Dr Hans-Gert
    Mayrose to leave Executive Board end of the year

    30.05.2016 / 20:03
    The issuer is solely responsible for the content of this announcement.

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    Wuppertal, 30 May 2016 - The Supervisory Board of GESCO AG has appointed Dr
    Eric Bernhard Chief Executive Officer with effect from 1 July 2016. Dr
    Hans-Gert Mayrose has informed the Supervisory Board that, due to his
    personal plans for the future, he will not be available for an extension of
    his term on the Executive Board, which is set to end on 31 December 2016.

    Since the beginning of the year, Dr Bernhard has been a member of GESCO's
    Executive Board, whose three members had to date held equal rights without
    a chairman or a spokesman. The Executive Board members' responsibilities
    will remain unchanged until the end of the year: Dr Bernhard is responsible
    for the strategic management of the Group's portfolio of companies, Dr
    Mayrose for M&A, IT and Investor Relations, and Mr. Spartmann for Finance,
    Legal, HR and Compliance. The Supervisory Board will reallocate the
    responsibilities of the Executive Board members for the time following Dr
    Mayrose's departure.

    "By appointing Dr Bernhard Chief Executive Officer, the Supervisory Board
    is pursuing the goal of strengthening the comprehensive approach of
    managing the strategic and operational development of the portfolio of
    companies," said Klaus Möllerfriedrich, Chairman of the Supervisory Board.

    Dr Eric Bernhard joined GESCO's Executive Board in January 2016. Having
    served McKinsey & Company for many years, he subsequently took leadership
    roles on international executive and supervisory boards and as a CEO in the
    metal and plastics processing industry. These included the establishment of
    stock-listed Interseroh SE's raw materials division as well as the
    integration of the industrial SULO group into the stock-listed Plastic
    Omnium corporation.

    Dr Bernhard said: "I see my primary task as CEO of GESCO AG to further
    improve jointly with the Executive Board and the management team the market
    position and competitiveness of the GESCO Group in times of rapid
    technological and market change, and thus to enable our group companies for
    sustainable profitable growth."

    Mr. Möllerfriedrich thanked Dr Mayrose on behalf of the Supervisory Board:
    "Dr Mayrose has been serving GESCO AG since 1 February 2000, first as chief
    representative, and since 1 January 2002 as a member of the Executive
    Board. The Supervisory Board regrets that Dr Mayrose is not available for
    an additional term and would like to thank him very much for his many
    successful years of work on behalf of GESCO Group."

    About GESCO
    GESCO Group is an association of industrial SMEs, including market and
    technology leaders, with a focus on manufacturing/mechanical engineering
    and plastics technology. As a stock-listed company, GESCO AG offers private
    and institutional investors access to a portfolio of leading German
    industrial SMEs.

    Investor Relations ( Oliver Vollbrecht
    Phone: +49 202 24820-18 ( Fax: +49 202 24820-49
    E-mail: info@gesco.de ( Internet: www.gesco.de

    Downloads
    Photograph of Dr Eric Bernhard
    http://www.gesco.de/fileadmin/templates/img/about-us/
    dr_eric_bernhard_gesco_vorstand.jpg-
    Vita of Dr Eric Bernhard
    http://www.gesco.de/en/about-us/management/


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    30.05.2016 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

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    Language: English
    Company: Gesco AG
    Johannisberg 7
    42103 Wuppertal
    Germany
    Phone: +49 (0)202 248200
    Fax: +49 (0)202 2482049
    E-mail: gesco@gesco.de
    Internet: www.gesco.de
    ISIN: DE000A1K0201
    WKN: A1K020
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
    Munich, Stuttgart


    End of News DGAP News Service
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    467647 30.05.2016


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    DGAP-News Gesco AG: Dr Eric Bernhard appointed Chief Executive Officer, Dr Hans-Gert Mayrose to leave Executive Board end of the year DGAP-News: Gesco AG / Key word(s): Change of Personnel/Change of Personnel Gesco AG: Dr Eric Bernhard appointed Chief Executive Officer, Dr Hans-Gert Mayrose to leave Executive Board end of the year 30.05.2016 / 20:03 The issuer is solely …

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