DGAP-News: CompuGroup Medical SE: Upcoming changes to the CGM Management Board

DGAP-News: CompuGroup Medical SE / Key word(s): Personnel

CompuGroup Medical SE: Upcoming changes to the CGM Management Board

15.04.2019 / 08:00

The issuer is solely responsible for the content of this announcement.

Koblenz, April 15th, 2019.

CompuGroup Medical SE (CGM) today announced that Christian Teig will be departing from his position as Chief Financial Officer effective July 31st, 2019. CGM has appointed Michael Rauch who will take over as new CFO from August 1st, 2019. Christian Teig will remain for some time at CGM to ensure a smooth transition.

Klaus Esser, Chairman of the Supervisory Board, said: "Since 2008, Christian has played a key role in our executive leadership team and made a big contribution to the success of CGM. During his tenure, we have expanded our geographic and healthcare sector footprint, quadrupled in size and increased our value tenfold. On behalf of the Supervisory Board, I would like to thank Christian for his outstanding commitment over more than a decade and wish him every success in the future."

Frank Gotthardt, Chief Executive Officer, said: "A wholehearted thank you to Christian also from my side. He has played a very important part in the development of CGM since our IPO and ensured financial strength and investor support, which has contributed to our double-digit growth and exceptional market position. CGM is perfectly positioned to seize the great opportunities of the sustainably growing eHealth business in 2019 and in many exciting years to come."

Christian B. Teig, Chief Financial Officer, said: "I have been with CGM for almost eleven years and it has been a privilege to be a member of this management board. The company is at an all-time high in financial and operational strength and in a leading position to benefit from the continued digitization of the world's healthcare systems. I am confident that CGM will continue to create significant value for customers, employees and shareholders".
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