Brief: Cyan AG Announces The Downsizing Of The Executive Board To Two Members

Cyan AG

22/12/2021 17:02

Dec 22 (Reuters) - CYAN AG  CYR.DE :
    * ANNOUNCES THE EARLY EXTENSION OF THE CONTRACT WITH
EXECUTIVE
BOARD MEMBER AND CTO MARKUS CSERNA AND THE DOWNSIZING OF THE
EXECUTIVE BOARD TO TWO MEMBERS
    * SUPERVISORY BOARD OF CYAN AG HAS DECIDED TO DECREASE SIZE
OF
EXECUTIVE BOARD OF CYAN AG TO TWO MEMBERS
    * APPOINTMENT OF MARTIN WACHTER TO CYAN AG EXECUTIVE BOARD
WILL BE
RESCINDED AND DUTIES WILL BE SPLIT BETWEEN EXISTING MEMBERS OF
EXECUTIVE BOARD, FRANK VON SETH AND MARKUS CSERNA
    * AT SAME TIME, MANAGEMENT CONTRACT WITH MARKUS CSERNA (42)
WAS
PREMATURELY EXTENDED BY TWO YEARS UNTIL DECEMBER 31, 2024

Source text for Eikon:  ID:nEQbF5GDTa 
Further company coverage:  CYR.DE 

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