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DGAP-Adhoc: init innovation in traffic systems SE: New Chief Financial Officer appointed


DGAP-Ad-hoc: init innovation in traffic systems SE / Key word(s): Personnel
init innovation in traffic systems SE: New Chief Financial Officer appointed

19-Aug-2022 / 09:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The Supervisory Board of init innovation in traffic systems SE has appointed a new Chief Financial Officer. Dr. Marco Ferber will take up this position with effect from 1 March 2023, succeeding Jennifer Bodenseh, who has already left the company by mutual agreement on 30 June 2022 to pursue new professional opportunities.

Dr. Marco Ferber has extensive experience in the commercial and strategic management of international listed companies. Before joining init SE, the doctor of business administration was authorised signatory with responsibility for corporate accounting, performance and risk controlling as well as the tax department of the Bilfinger group. Prior to that, the financial expert successfully held various management positions in Germany and abroad with the Thomas Cook Group, including Managing Director of a large national subsidiary. Dr. Marco Ferber began his career in January 2000 as a consultant at McKinsey & Company, Inc.

"With his many years of international experience in the field of finance, Dr. Marco Ferber has the right qualifications for a globally active company like init. We look forward to a successful cooperation", according to Hans-Joachim Rühlig, Chairperson of the Supervisory Board.

 

Contact:
Person making the notification:
Simone Fritz
Investor Relations
[email protected]

19-Aug-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: init innovation in traffic systems SE
Käppelestraße 4-10
76131 Karlsruhe
Germany
Phone: +49 (0)721 6100 0
Fax: +49 (0)721 6100 399
E-mail: [email protected]
Internet: www.initse.com
ISIN: DE0005759807
WKN: 575980
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1423721

 
End of Announcement DGAP News Service

1423721  19-Aug-2022 CET/CEST

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Init Innovation In Traffic Systems SE Stock

€37.10
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Heavy losses for Init Innovation In Traffic Systems SE today as the stock fell by -€1.200 (-3.160%).
Currently there is a rather positive sentiment for Init Innovation In Traffic Systems SE with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 52 € shows a positive potential of 40.16% compared to the current price of 37.1 € for Init Innovation In Traffic Systems SE.
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