TOMORROW FOCUS : Ad-hoc announcement: Georg Hesse takes over as Chief Executive Officer at TOMORROW FOCUS AG

The Supervisory Board of TOMORROW FOCUS AG today appointed Georg Hesse (42) to the position of CEO and Chairperson of the Management Board. He will take up his new role at the company on or before 1 February 2016.

As an experienced e-commerce and consumer brand expert, Georg Hesse will lead TOMORROW FOCUS AG - along with its travel brands, especially HolidayCheck and Zoover - towards its stated goal of becoming one of Europe's leading online travel companies.

In his current position as Director at the German branch of Amazon EU Sàrl, Georg Hesse is responsible for the Home Living, Home Appliances, Major Appliances and Toys division. He has held a number of management positions with Amazon which he joined in 1999.

Georg Hesse holds a Master of Business Administration (MBA) from Henley Management College in London and a Bachelor of Arts (BA) degree in Media Marketing.

In the view of the Supervisory Board, his background in e-commerce, consumer expertise and experience of establishing new business areas make him the ideal choice, allowing TOMORROW FOCUS AG to pursue its strategy of realignment towards digital travel operations with renewed vigour.

Georg Hesse will take over from Toon Bouten, who left the company at the beginning of July as previously announced.

About TOMORROW FOCUS AG

TOMORROW FOCUS AG (ISIN DE005495329) is based in Munich, Germany, and is one of the country's leading digital travel companies. With a total workforce of around 400, the TOMORROW FOCUS Group comprises HOLIDAYCHECK AG (which operates hotel review and travel booking portals by the same name, as well as the car rental portal MIETWAGENCHECK) and WEBASSETS B.V. (which operates the ZOOVER hotel review portals and the METEOVISTA/WEERONLINE weather portals).
The Group portfolio also includes JAMEDA GmbH (which operates the biggest German physician rating portal JAMEDA.de) and ORGANIZE.ME GmbH (which operates an app-based document organisation and reminder system). TOMORROW FOCUS AG is currently negotiating the sale of these two subsidiaries.