init innovation in traffic systems SE announced that there has been a change in the regular election of the Supervisory Board. Hans Rat, the former Secretary General and Honorary Secretary General of the International Association of Public Transport (UITP), did not stand for re-election to the supervisory body, of which he had been a member since 2012. The shareholders' meeting appointed Dipl.-Ing.

Andreas Thun, as his successor on the Supervisory Board. The former managing director and founding shareholder of iris-GmbH infrared & intelligent sensors GmbH, has worked with init for decades as a business partner and together with the company, realised a large number of successful international projects for automatic passenger counting. He also has an extensive network in the market for infrared sensors and, since leaving iris in September 2020, has been involved in longer-term research projects in the field of public transport automation.