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DGAP-News: STS Group AG / Key word(s): AGM/EGM/Personnel
STS Group AG held first Annual General Meeting since IPO / Supervisory Board prolongs Management Board appointments for CEO Andreas Becker and COO Patrick Oschust
On 14 May 2019, the Supervisory Board decided to extend the Management Board appointments of CEO Andreas Becker and COO Patrick Oschust, which expire on 30 June 2019, by four years and two years respectively. "The extension of the Management Board appointments are an important signal for the continuity and stability in the company's management and for the Group's expansion strategy. Andreas Becker and Patrick Oschust have achieved important milestones in the development of the STS Group since the foundation of STS in 2013 until today. We are very pleased that we have with Andreas Becker (CEO), Dr. Ulrich Hauck (CFO) and Patrick Oschust (COO) a high-calibre Management Board for the company", says Robin Laik, Chairman of the Supervisory Board of STS Group AG.
At the Annual General Meeting, the STS Group AG Management Board provided comprehensive information on the current business development. In his speech, CEO Andreas Becker especially emphasized the impressive development of the STS Group since its foundation in 2013: "Within just a few years, we have succeeded in growing from a company with sales of 100 mEUR to a leading global systems supplier for the automotive industry with consolidated sales of 400 mEUR. Our large global presence is a strong competitive advantage. We expect significant double-digit growth rates in the Chinese and North American markets in the coming years. I am proud of our company and confident that STS Group is well positioned with its sustainable technologies and a strong team."
The voting results are available for download at www.sts.group.
About STS Group:
|Company:||STS Group AG|
|Phone:||+49 (0)811 124494 0|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||813499|
|End of News||DGAP News Service|