07/12/2017

Wirecard AG announces changes to and enlargement of management board as of 2018AG:

DGAP-News: Wirecard AG / Key word(s): Miscellaneous

12.07.2017 / 08:27
The issuer is solely responsible for the content of this announcement.


Aschheim (Munich). The supervisory board of Wirecard AG has agreed to modify and enlarge the company's operative management team, effective 1 January 2018.
 
Wirecard's CEO, Dr. Markus Braun (47), will continue his successful term at the top of the company. He has been reappointed as CEO until 31 December 2020 and commented: "We will drive the digitisation of payment processes using internet technology on a global level and we will make Wirecard a global leader in this sector."
 
Jan Marsalek, COO (37) has also been reappointed until the end of 2020.
 
Burkhard Ley (57), CFO of Wirecard AG, will retire from the operations side of the business upon expiration of his contract on 31 December 2017. The supervisory board and the management board expressed their appreciation for the extraordinary achievements of Burkhard Ley and thanked him for his dedication. CEO Dr. Markus Braun emphasized: "During the 12 years of service as CFO, Burkhard Ley has substantially contributed to the expansion of Wirecard AG to a leading global internet company in the field of payment services. I thank him for the many years of very good cooperation." Burkhard Ley will continue to support the company as a consultant, based on a contract starting 1 January 2018.
 
The supervisory board has appointed Alexander von Knoop (45) as Mr. Ley's successor. Von Knoop has been working with Wirecard AG since 2005 and has been a member of the management board of Wirecard Bank AG since 2014. On 1 January 2018, Alexander von Knoop will take up his office as new CFO of Wirecard AG. Following a degree in business administration awarded in the United States, von Knoop started his professional career at PricewaterhouseCoopers (PwC) in Frankfurt and in 2002 moved to Munich as an audit manager /senior associate for PwC. In 2005, Mr. von Knoop joined Wirecard Bank AG, where he has worked in various positions before his appointment to the management board in 2014. Within the last years, he has substantially contributed to the expansion of the digital value-added services of Wirecard Bank in the field of digital payment processing services.
 
As of 1 January 2018, the management board will be enlarged by an additional member, Susanne Steidl (46). As Chief Product Officer (CPO), she will be responsible for the operation and technological development of the core products of the Wirecard group. After completing her studies in business administration and study visits to Denmark and Chile, Susanne Steidl began her professional career at Axxom Software AG in 1998. Beginning in 2006, she worked as Senior Product Manager at the Wirecard Group. Following various promotions in the last years, she has held the position of Executive Vice President since January 2015, responsible for essential product innovations at Wirecard. Most recently, she also assumed responsibility for the successful expansion of Wirecard AG in the US market.

Contact:
Iris Stöckl
VP Corp.Com./IR
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

About Wirecard:
 
Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). For further information about Wirecard, please visit www.wirecard.com or follow us on twitter @wirecard.
 


12.07.2017 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.

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