HolidayCheck Group AG announced changes to the composition of management board. CFO Dr. Dirk Schmelzer will step down from the management board of the company at his own request on 31 March 2017. The supervisory board has approved a request by Dr. Schmelzer to end his contract early.

Details of his successor will be announced shortly. Dirk Schmelzer has held the position of Chief Financial Officer (CFO) at the company, since 1 February 2011. Over the last few years he has played a key role in the company's transition towards an exclusive focus on the travel business.

Dirk Schmelzer will leave the company on very amicable terms to take up a new career challenge outside the company.