EANS-Adhoc: Goldbach Group AG
Announcement of change in management at the
Goldbach Group effective at the end of April 2014 (with photo)
30.04.2013 – 07:01
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Management Changes 30.04.2013 Ad hoc press release Announcement of change in management at the Goldbach Group effective at the end of April 2014 Küsnacht-Zürich, April 30th 2013. Klaus Kappeler, CEO of the Goldbach Group, has announced his resignation, effective April 29th 2014. He will be succeeded by his deputy Michi Frank, formerly CEO of Goldbach Media (Switzerland) AG. The change in operative management has been carefully prepared by the Board of Directors of the Goldbach Group and Klaus Kappeler. During the course of the coming year, Klaus Kappeler will help his long-time colleague and successor prepare for his executive role. When operative management changes hands, Klaus Kappeler will join the Board of Directors of the Goldbach Group, where he will continue to play an active role in shaping the company's strategic direction. From 1986 until 2001, Klaus Kappeler (59) was Managing Director of Radio Z AG and Goldbach Media (Switzerland) AG (formerly IP Multimedia (Schweiz) AG), and then Chief Executive Officer of Medien Z Holding AG, which was created from Radio Z AG, and CEO of Goldbach Group AG since 2001. "Nearly 30 years ago, Klaus Kappeler helped create the company that since 2011 has been known as the Goldbach Group. He shaped it with clear vision and strategic strength to make it the leading network for electronic communication solutions and a competence and logistics centre for the marketing of private electronic, mobile and interactive media" said Bruno Widmer, the outgoing President of the Board of Directors of the Goldbach Group. To this, Beat Curti, co-founder, principal shareholder and member of the Board of Directors of Goldbach Group, added: "For this service, his incredible dedication and his accomplishments as a pioneer in the field of private radio and television in Switzerland, on behalf of the entire Board of Directors, we want to express our sincere gratitude and our recognition." Kappeler will turn operative management over to his current deputy, Michi Frank, on 1 May 2014, and transfer to the Board of Directors at Goldbach Group AG. "As designated President of the Board of Directors of the Goldbach Group, I also want to thank Klaus Kappeler for his planning and making extensive preparations for his succession long in advance. This gives employees, partners, customers, shareholders and us, the members of the Board of Directors, the certainty that our Company will remain under strong, and successful operative management, with industry intelligence in future", Jens Alder observed on the transition from Klaus Kappeler to Michi Frank. From 1987 to 1994, Frank (45) worked at Publicitas and the publications "Tages Anzeiger" and "Cash" as Key Account Customer Adviser and Print Media Sales Manager. From 1994 to 2000, he then served as Managing Director of Belcom AG for "Radio24" and "TeleZüri" as well as "Tele24". From 2001 until 2011 he held the position of CEO of Goldbach Media (Switzerland) AG, and Chief Sales Officer of the Goldbach Group AG and deputy to CEO Klaus Kappeler since 2007. In 2011, this was followed by a position as Head of the Business Line Media and in 2012 as Regional Head West. "I consider myself very fortunate indeed that my long-time colleague, Michi Frank, will succeed me", Kappeler noted. "His record of business achievements and his acceptance by employees, customers and partners alike, are impressive, and I am convinced that he will succeed in further strengthening the position and the business fields of the Goldbach Group, both nationally and internationally." Additional management change Martin Radelfinger (54), Chief Strategy Officer at Goldbach Audience, will leave the Executive Board of the Goldbach Group effective by the end of July 2013. He will set up a Business Development Hub for the Goldbach Group AG in Silicon Valley. The move aims to permit early identification of technolo-gies and business models in the area of digital and interactive advertising and trend scouting in regard to start-ups with an affinity to the core business area of the Goldbach Group. In Addition he will take part in an Executive Program for Innovation and Start-up Management at Stanford University in California. In 2000, Radelfinger created AdLINK Internet Media AG Schweiz in 2000 with participation by Tamedia; in 2004, he merged the company with the online marketing companies of the Goldbach Group. With the IPO of the Goldbach Group, he took over business development for the Group as Chief Business Development and M&A Officer; since 2010, he has served as Chief Strategy Officer and is in charge of strategic management of the online marketing business. Martin Radelfinger has been a member of the Goldbach Group Management since 2004 and assists the IAB Europe as Advisor to the Board. Pictures with Announcement: ---------------------------------------------- http://resources.euroadhoc.com/us/C1G3zbiT http://resources.euroadhoc.com/us/M08Dqr38 http://resources.euroadhoc.com/us/3qD5jtRY Further inquiry note: Germaine Mueller Tel. +41 44 914 91 10 Mobile: +41 78 600 24 14 germaine.mueller@goldbachgroup.com end of announcement euro adhoc -------------------------------------------------------------------------------- Pictures with Announcement: ---------------------------------------------- http://resources.euroadhoc.com/us/C1G3zbiT http://resources.euroadhoc.com/us/M08Dqr38 http://resources.euroadhoc.com/us/3qD5jtRY issuer: Goldbach Group AG Seestrasse 39 CH-8700 Küsnacht phone: +41 44 914 91 00 FAX: +41 44 914 93 60 mail: info@goldbachgroup.ch WWW: www.goldbachgroup.ch sector: Media ISIN: CH0004870942 indexes: SPI, SPIEX stockmarkets: Main Standard: SIX Swiss Exchange language: English