Aroundtown announced the appointment of Dr. Gerhard Cromme as the Chairman of the Advisory Board. Dr. Cromme has a long and impressive track record with top positions in Germany's blue chip companies, including Chairman of the Supervisory Board of Siemens, Chairman of the Executive Board and Chairman of the Supervisory Board of ThyssenKrupp, as well as membership on the supervisory boards of other leading companies such as Volkswagen, Lufthansa, Allianz, BNP Paribas, E.ON and Axel Springer. Mr. Yakir Gabay and Mr. Claudio Jarczyk will remain members of the Advisory Board.