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
ir@initse.com

19-Aug-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: ir@initse.com 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
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1423721  19-Aug-2022 CET/CEST