DEAG Deutsche Entertainment Aktiengesellschaft extends Executive Board

2016-03-09 10:59:01
DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft extends Executive Board

DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Change of Personnel

2016-03-09 / 10:59
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Corporate press release

DEAG extends Executive Board

– Optimum positioning for the further implementation of the growth strategy

– Ralph Quellmalz appointed as member of the Executive Board (CFO) effective April 1

– Christian Diekmann focuses fully on the operating business as COO and CDO

Berlin, March 9, 2016 – The Supervisory Board of DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), Berlin, (ISIN: DE000A0Z23G6 | symbol: ERMK) has extended the Executive Board of DEAG and created an optimum positioning for the further implementation of the adopted growth strategy. The new member of the Executive Board (CFO) will be Ralph Quellmalz (46) from April 1, 2016 onwards.

The holder of an MBA from the University of Cologne started his professional career with one of the four large audit firms and gained significant experience at the auditing of the financial statements and consolidated financial statements of large international companies. Since 2006 Ralph Quellmalz has worked for the listed KHD Humboldt Wedag International AG. In 2013 the financial expert was promoted to Chief Financial Officer (CFO) and member of the Executive Board. Prior to his appointment as CFO of KHD, Ralph Quellmalz had been Global Head of Finance at KHD for several years. Ralph Quellmalz has corresponding knowledge in the project business and is familiar with all aspects of corporate governance, compliance as well as operational interests of listed companies. In addition, Ralph Quellmalz can rely on experience in the fields of investor relations and acquisition and sale of companies and parts of companies. Apart from his other responsibilities, Ralph Quellmalz will take the lead for the measures of the company in the field of investor relations.

Following the appointment of Ralph Quellmalz, Christian Diekmann will again be fully available on the Executive Board of DEAG for the operating business of the company from April 1, 2016 onwards. Christian Diekmann had so far been responsible on the Executive Board for finance and for the operating business as CFO/COO. DEAG has already been on a clear growth course for several years, so that the appointment of a new member of the Executive Board (CFO) is now the logical consequence of the extended business base. Apart from his activity as COO, Christian Diekmann will focus as CDO (Chief Digital Officer) mainly on the further development of the digital value added, which will visibly gain in importance through the ticket platform myticket, amongst other things. Furthermore, Christian Diekmann will increasingly address the new business.

Christian Diekmann has been a member of the Executive Board of DEAG since 2006 and has been one of the drivers of the growth course of the company. In 2009 Diekmann took over the finance department as CFO in addition to his assignment as COO.

Detlef Kornett, who has been in charge of the entire marketing activities of the company on the Executive Board of DEAG as CMO (Chief Marketing Officer) since 2014, will continue to be responsible for the high-growth business in Switzerland, Austria and the United Kingdom. The Chief Executive Officer (CEO), Professor Peter Schwenkow, who recently extended his contract until the end of 2018, will continue to develop DEAG dynamically during the years to come. With Ralph Quellmalz, the Executive Board of DEAG will in future be composed of four members.

Contact for further information:
Axel Mühlhaus, edicto GmbH
Tel: +49-69-90 550 552
Email: deag@edicto.de