Brief: Cyan Says Frank Von Seth Becomes New CEO

Cyan AG

15/09/2020 07:32

Sept 15 (Reuters) - Cyan AG  CYR.DE :
    * DGAP-ADHOC: CYAN AG: FRANK VON SETH BECOMES NEW CHAIRMAN
OF THE
BOARD
    * APPOINTED FRANK VON SETH AS COMPANY'S NEW CHIEF EXECUTIVE
OFFICER (CEO) WITH EFFECT FROM JANUARY 1, 2021 FOR A PERIOD OF 3
YEARS.
    * CONTRACTS OF MANAGEMENT BOARD MEMBERS MARKUS CSERNA (CTO)
AND
MICHAEL SIEGHART (CFO) WERE ALSO EXTENDED UNTIL END OF 2022
    * PETER ARNOTH, WHO HAS BEEN CEO FOR MANY YEARS AND WHOSE
CONTRACT
EXPIRES ON DECEMBER 31, 2020 AND WHO DID NOT EXTEND IT AT HIS
OWN REQUEST
    * MR. ARNOTH WILL REMAIN ASSOCIATED WITH COMPANY IN AN
ADVISORY
CAPACITY

Source text for Eikon:  ID:nEQ3cTfxwa 
Further company coverage:  CYR.DE 

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