08.06.2018
Nemetschek SE DE0006452907
DGAP-News: Nemetschek Group Expands Supervisory Board with US Executive Bill Krouch
DGAP-News: Nemetschek SE / Key word(s): Change of Personnel
Nemetschek Group Expands Supervisory Board with US Executive Bill Krouch
08.06.2018 / 11:13
The issuer is solely responsible for the content of this announcement.
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Press Release
Nemetschek Group Expands Supervisory Board with US Executive Bill Krouch
Munich / Washington D.C., June 8, 2018 - The Nemetschek Group, one of the
largest software providers for the Architecture, Engineering and
Construction (AEC) industry, announced today that its shareholders have
elected a fourth member for the Supervisory Board. Bill Krouch, an advisor
based in the US, is the first non-European member on the Supervisory Board
of the successful Group. The shareholders showed strong support for the new
board member with 99.72% approval.
"We are very pleased with the decision of our shareholders", said Kurt
Dobitsch, Chairman of the Supervisory Board at the Annual General Meeting of
the Nemetschek Group. "Bill Krouch is an executive with global experience.
His in-depth industry background makes him a great complement to the
existing Supervisory Board", he continued. "With the Nemetschek Group
growing at a fast pace, I am convinced that Bill can help us scale the group
globally, particularly in our growth region, the USA. Adding Bill to the
Supervisory Board sends a strong signal to our customers in the US".
Over the few last years, the Nemetschek Group has consistently strengthened
its market position outside of its core markets in the DACH region,
especially in the USA. The United States is today the largest single market
in the Nemetschek Group's portfolio, with a 30% share of total revenues. The
Group has had out-sized growth in this highly competitive and rapidly
growing market.
After his election, Bill Krouch stated that he was very excited he is to
join the Nemetschek Supervisory Board. "I believe my appointment reinforces
Nemetschek' s commitment to expanding growth opportunities in the American
market. Given the size and potential of the US market, the growth
opportunities are significant. My extensive experience in M&A, deep
understanding of the US markets, and strong relationships within the
industry will support Nemetschek' s ongoing growth initiatives."
A strong industry background
Bill Krouch has a Bachelor of Science degree in Civil Engineering from the
University of Virginia and an MBA from Harvard University. He started his
career as well as a structural design engineer and field engineer for
McDermott International. After graduating from HBS, he joined Jones Lang
LaSalle (JLL), where he held different leadership positions including CEO of
Investor Services, CEO of Markets and President of JLL Americas. In each of
these leadership roles, he was charged with accelerating growth while
expanding market share and oversaw a broad range of businesses.
Since his retirement from JLL, Bill has been advising private equity firms,
hedge funds and institutional investors on strategy, target acquisitions and
the competitive landscape within the respective sector. Currently he works
as an outside Director for Investcorp's Corporate Investment Advisory Board
for North America.
Contact:
Stefanie Zimmermann
Director Investor Relations & Corporate Communication
NEMETSCHEK SE
Konrad-Zuse-Platz 1
81829 Munich
P: +49 89 540459-250
M: +49 175 7211197
About the Nemetschek Group
The Nemetschek Group is driving the digitalization of the building industry.
Using our software, architects, engineers, construction companies, and
facility managers can plan ahead, seamlessly share information and work
together more closely. Building and infrastructure projects can thus be
conducted more efficiently and sustainably. The unique holding structure
provides our 15 strong brands with the flexibility to innovate in an
entrepreneurial way while closely engaging with their 2.7 million customers
worldwide. Founded by Prof. Georg Nemetschek in 1963, the company today
employs more than 2,100 experts.
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08.06.2018 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: Nemetschek SE
Konrad-Zuse-Platz 1
81829 München
Germany
Phone: +49 (0)89 540459-0
Fax: +49 (0)89 540459-444
E-mail: [email protected]
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Indices: TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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693779 08.06.2018
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