New Supervisory Board Members Nominated
- Stefan Krause and Pierre Louette have been nominated as new Rocket Internet Supervisory Board members, succeeding Lorenzo Grabau and Erik Mitteregger, who will resign effective June 2016
Berlin, Germany, May 2, 2016 - Today, Rocket Internet SE ("Rocket Internet") announced that the Supervisory Board of Rocket Internet has decided to propose Stefan Krause and Pierre Louette to be elected as new Supervisory Board members at the annual general meeting on June 9, 2016.
Stefan Krause is the former Chief Financial Officer of Deutsche Bank as well as former Chief Financial Officer and member of the Management Board for sales and marketing of BMW. Pierre Louette is Chief Executive Officer Delegate of Orange in charge of the General Secretariat, Orange Digital Ventures, Orange Wholesale France, Group Sourcing and Supply Chain.
Stefan Krause and Pierre Louette will succeed Lorenzo Grabau and Erik Mitteregger to increase the number of Supervisory Board members independent of Rocket Internet shareholders. Mr. Grabau and Mr. Mitteregger will resign from the Rocket Internet Supervisory Board effective June 9, 2016.
Professor Dr Marcus Englert, Chairman of the Supervisory Board of Rocket Internet, commented: "We would like to thank Lorenzo Grabau and Erik Mitteregger for their significant efforts to bring Rocket Internet to the public markets and their valuable insight and advice. We are excited to have Stefan Krause and Pierre Louette join the board. They will contribute a wealth of international experience and deep expertise in strategy, operations and Corporate Governance."
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About Rocket Internet
Rocket Internet builds and invests in Internet companies that take proven online business models to new, fast-growing markets. Rocket Internet focuses on five industry sectors of online and mobile retail services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise, Home & Living and Travel. Its network of companies operates a variety of business models in over 110 countries on six continents with more than 36,000 employees at the end of 2015. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Rocket Internet SE ("Rocket Internet") and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Rocket Internet does not assume any obligations to update any forward-looking statements.
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