Mobimo Holding AG announced that the Chairman of the Board of Directors, Georges Theiler, will not stand for re-election at the 19th AGM on 2 April 2019. Peter Schaub, the current Vice Chairman, is to be proposed to the shareholders as his successor. Peter Barandun is stepping down from the Board of Directors after four years due to other professional priorities.

In view of the decision of his fellow board member, Wilhelm Hansen has changed his original intention and will now be standing for a further term of office. The Nomination and Compensation Committee will shortly start looking for a successor to Wilhelm Hansen. Bernadette Koch, auditor and until mid-2018 partner at Ernst & Young AG, and the outgoing CEO, Dr. Christoph Caviezel, will stand for election as new members of the Board of Directors.

The Board of Directors is confident that these appointments will maintain a good balance between continuity and renewal in the board. As previously announced, the new CEO, Daniel Ducrey, will assume the operational management of Mobimo Holding AG on the day after the Annual General Meeting.