EQS-News

Oliver Kaltner to join Cherry AG as CEO and Chairman of the Management Board

EQS-News: Cherry AG / Key word(s): Personnel Oliver Kaltner to join Cherry AG as CEO and Chairman of the Management Board 27.11.2022 / 19:24 CET/CEST The issuer is solely responsible for the content of this announcement. Oliver Kaltner to join Cherry AG as CEO and Chairman of the Management Board

Oliver Kaltner appointed as new CEO and Chairman of the Management Board by the Supervisory Board of Cherry AG with effect from January 1, 2023

Rolf Unterberger leaves Cherry AG at his own request and terminates his activities as Chairman of the Management Board as of December 31, 2022

Continuation of the strategic profitable growth course in gaming, technology for hybrid workplaces and digital health

 

Munich, November 27, 2022 – Cherry AG [ISIN: DE000A3CRRN9] announced today that Oliver Kaltner has unanimously been appointed by the Supervisory Board as Chief Executive Officer and Chairman of the Management Board with effect from January 1, 2023. Rolf Unterberger, who has been CEO of the company since May 2018, is leaving the company at his own request and his Management Board position will end on December 31, 2022.

Oliver Kaltner brings deep and relevant experience. He spent his early career at institutions such as Electronic Arts, Sony and Microsoft. He has subsequently led several businesses including Leica Camera AG, where he served as CEO, and he brings valuable perspective both as an executive and an investor. Over his career, Oliver Kaltner has been responsible for global businesses with operations in EMEA, APAC and the Americas.

Cherry Supervisory Board chairman, Marcel Stolk, commented: “On behalf of the Cherry Supervisory Board, we thank Rolf Unterberger for his years of service to Cherry, including taking the company public in June 2021, leading the company through two successful acquisitions, and diversifying the business activities over time. He demonstrated strong leadership and a personal dedication for the benefit of shareholders, customers and Cherry team members.”