DGAP-Adhoc
init innovation in traffic systems AG: New CFO: Bernhard Smolka hands over to Dr Herbert Bäsch
DGAP-Ad-hoc: init innovation in traffic systems AG / Key word(s): Change of Personnel/Change of Personnel
Karlsruhe, 24 February 2017. After serving as the CFO of init innovation in |
The Managing Board and Supervisory Board would like to thank Bernhard
Smolka for his successful work as CFO and are pleased that he will continue
to play a key role in the future of the worldwide leading supplier of
integrated planning, dispatching, telematics and ticketing systems for
buses and trains.
Smolka will ensure a smooth transaction of his responsibilities (finance,
controlling and investor relations) to Dr Herbert Bäsch. Dr Bäsch, who has
a PhD in business administration, will join the company on 1 May 2017 and
has many years and extensive experience in the modern financial and
commercial management of international groups and medium-sized, listed
companies. For the last seven years, he served as Finance Director of a
leading global manufacturer of technical products and specialty papers with
a sales volume of some USD 550 million and more than 1,400 employees. Prior
to that, as CFO, he successfully led VERBIO AG in Leipzig to the stock
exchange.
Contact:
Person making the notification:
Simone Fritz
Investor Relations
ir@initag.de
24-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: | English |
Company: | init innovation in traffic systems AG |
Käppelestraße 4-10 | |
76131 Karlsruhe | |
Germany | |
Phone: | +49 (0)721 6100 0 |
Fax: | +49 (0)721 6100 399 |
E-mail: | ir@initag.de |
Internet: | www.initag.de |
ISIN: | DE0005759807 |
WKN: | 575980 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |
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547511 24-Feb-2017 CET/CEST