Drillisch Reports Planned Change In Management Board

(RTTNews) - Drillisch AG (DRHKF.PK) announced, the company's Management Board Spokesman, Vlasios Choulidis, resigned from its Management Board, effective December 31, 2017, as planned. Vlasios Choulidis has agreed to be available to the company as a candidate for election to the Supervisory Board at the next general meeting. As planned, the Supervisory Board appointed Ralph Dommermuth as CEO and Martin Witt as a member of the Management Board of Drillisch AG. The appointment of Dommermuth becomes effective on January 1, 2018 and the appointment of Witt on October 1, 2017.

The planned change in the Management Board had already been agreed between the company and United Internet AG in the Business Combination Agreement of May 12, 2017.