12.04.2018
Tele Columbus AG DE000TCAG172
DGAP-News: Tele Columbus announces CFO succession
DGAP-News: Tele Columbus AG / Key word(s): Change of Personnel/Miscellaneous
Tele Columbus announces CFO succession
12.04.2018 / 08:08
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
Tele Columbus announces CFO succession
Berlin, 12 April 2018. Frank Posnanski (51), since 1 September 2011 Chief
Financial Officer (CFO) of the Tele Columbus Group and since 12 September
2014 member of the management board of Tele Columbus AG, will leave the
Company at his own request effective 15 July 2018. He will be succeeded as
CFO and member of the management board by Mr Eike Walters (39), currently
Director Controlling.
Frank Posnanski has decided to leave Tele Columbus AG for personal reasons
by 15 July 2018 and to embrace new challenges. As CFO his milestones
comprise the financial restructuring, the successful initial public offering
(IPO) in 2015 as well as the merger with primacom and pepcom. In this
function he significantly contributed to the development of the Tele
Columbus Group from a regional provider to a strong nation-wide player.
"After seven intense and exciting years, I have chosen this moment to
embrace new challenges outside of Tele Columbus. I would like to use this
opportunity to thank all of my colleagues as well as partners for the
excellent cooperation. My best wishes for Eike, who actively accompanied
many of our recent milestones and with whom I worked together very closely",
comments Frank Posnanski, CFO of Tele Columbus AG.
Frank Donck, chairman of the supervisory board of Tele Columbus AG
highlights: "We truly regret, but accept Frank's decision to leave the
Company. In the name of the entire supervisory board I would hereby like to
express our gratitude for his extensive commitment. Over the past seven
years Frank co-led the Company through challenging times, complex M&A
transactions but also the successful IPO. We wish him all the best for his
private and professional future. Eike Walters is an experienced finance
expert and knows the Company very well. Together with Timm as CEO, the newly
formed management team will continue to drive the business and grow the
Company going forward."
Since November 2007, Eike Walters held various leading financial functions
at Tele Columbus Group and has been Director Controlling since April 2014.
As part of this role, he leads the commercial steering as well as several
important strategic projects.
In this function, the 39-year-old industrial engineer significantly
contributed to the successful financial restructuring as well as the IPO of
Tele Columbus AG. Furthermore, Eike Walters was intensively involved in the
acquisition of pepcom and primacom and has been responsible, amongst other
topics, for the identification and steering of synergies.
The transition period of three months will ensure a smooth handover of
responsibilities in the finance department between Frank Posnanski and Eike
Walters.
"My personal thanks go to Frank for his tremendous commitment and his
contribution with regard to the success of our Company. At the same time, I
am looking forward to a constructive cooperation with Eike, whose commercial
expertise and over ten years of commitment to the Company make him the
perfect fit as CFO", points out Timm Degenhardt, CEO Tele Columbus AG.
About us
The SDAX-listed Tele Columbus AG serves 3.6 million homes connected thereby
being Germany's third-largest cable network operator. Its brand PŸUR stands
for simplicity, performance and fairness in relation to TV and
telecommunication products. Via its state-of-the-art fibre network PŸUR
offers high-speed broadband internet including fixed-line telephony as well
as more than 250 TV channels on a digital entertainment platform which
combines linear TV with streaming services. To its housing association
partners PŸUR offers flexible models of cooperation and state-of-the-art
services such as telemetric and tenant portals. As a full-service partner
for municipalities and regional utilities Tele Columbus Group is actively
supporting the fibre-based broadband internet expansion in Germany. For its
business customers the Group offers carrier services and corporate solutions
via its fibre network. Besides its headquarter in Berlin the Company has
locations in Hamburg, Leipzig, Ratingen and Unterföhring/Munich. Since
January 2015 Tele Columbus AG is traded on the regulated market (Prime
Standard) of the Frankfurt Stock exchange and since June 2015 listed in the
SDAX.
Contact:
Silke Bernhardt
Director Corporate Communications
Phone +49 (30) 3388 4177
Fax +49 (30) 3388 9 1999
[email protected]
www.telecolumbus.com
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12.04.2018 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Tele Columbus AG
Kaiserin-Augusta-Allee 108
10553 Berlin
Germany
Phone: +49 (0)30 3388 4177
Fax: +49 (0)30 3388 9 1999
E-mail: [email protected]
Internet: www.telecolumbus.com
ISIN: DE000TCAG172
WKN: TCAG17
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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673739 12.04.2018
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