Software AG Supervisory Board Announces Candidates for Election at Next Annual General Meeting of Shareholders
The Supervisory Board of Software AG (Frankfurt MDAX: SOW) today announced four nominations for election. Karl-Heinz Streibich has been nominated as new Supervisory Board member and candidate for Chairman to succeed Dr. Andreas Bereczky after 12 years of service. Ursula Soritsch-Renier and Ralf Dieter have both been recommended as new Supervisory Board members to replace Alf Henryk Wulf and Eun-Kyung Park, who will not stand for re-election. Supervisory Board member Markus Ziener will stand for re-election. Shareholders of Software AG will vote on the recommended nominees at this years' Annual General Meeting on 20 May 2020.
Sanjay Brahmawar, Chief Executive Officer of Software AG, commented: "On behalf of the Executive Board, I'd like to thank Andreas Bereczky, Alf Henryk Wulf, and Eun-Kyung Park for their service to the company. All three of these new candidates for the Supervisory Board are highly experienced, and their combined know-how would be of enormous value to us as we execute our strategy to deliver sustainable, profitable growth."
Dr. Andreas Bereczky, Chairman of the Software AG Supervisory Board, commented: "It's been a privilege to lead the Supervisory Board over the past 12 years. I am pleased to leave the business at such a period of positive transformation, and I am encouraged by the trajectory of the business led by Sanjay Brahmawar and the Executive Team."
Karl-Heinz Streibich added: "Software AG is an extraordinary company, and it is great to be nominated at such an important moment in its transformation, led by Sanjay Brahmawar and the Executive Board. It would be a pleasure to be able to support in delivering the Helix growth strategy and future success of Software AG."
Dr. Peter Schnell, founder of Software AG and head of the Software AG Foundation, said: "The Foundation and I fully support the growth strategy of Software AG and the nomination of Karl-Heinz Streibich as candidate for Chairman."
About Software AG
Software AG reimagines integration, sparks business transformation and enables fast innovation on the Internet of Things so you can pioneer differentiating business models. We give you the freedom to connect and integrate any technology—from app to edge. We help you free data from silos so it's shareable, usable and powerful—enabling you to make the best decisions and unlock entirely new possibilities for growth.
Learn more about Software AG and Freedom as a Service at www.softwareag.com.
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