Rocket Internet SE: Changes in the Management Board
- Soheil Mirpour becomes member of the Management Board
- Alexander Kudlich leaves Rocket Internet upon expiry of his contract on March 15, 2020
Berlin, March 2, 2020 - Rocket Internet SE ("Rocket Internet" or "Company") announces that the Supervisory Board has appointed Soheil Mirpour for an initial period of one year as Management Board Member with effect from March 1, 2020. Alexander Kudlich, Member of the Management Board, has informed the Supervisory Board that he will not renew his contract which ends March 15, 2020.
Soheil Mirpour started his professional career at Rocket Internet. At Morgan Stanley he was working in Investment Banking and at KKR in Private Equity. In 2017 Soheil Mirpour rejoined Rocket Internet.
Alexander Kudlich joined Rocket Internet in 2011 as managing director und was appointed to the Management Board in 2014.
The Supervisory Board sees the Management Board well positioned to drive the Company's development forward, thanks Alexander Kudlich and looks forward to working with Soheil Mirpour: "The Supervisory Board thanks Alexander for his excellent work and his valuable contribution to the performance of the Company and wishes him well. We are delighted that Soheil Mirpour is moving up to the Management Board, he will be an excellent Board Member who knows the Company since many years." comments Prof. Dr. Marcus Englert, Chairman of the Supervisory Board.
Alexander Kudlich looks back on many years at the Company "I am very grateful for the time at Rocket Internet and hope that I will have the opportunity to continue working with Oliver and the team in the future. Now, the time has come for me to dedicate myself to new professional challenges."
Soheil Mirpour is looking forward to his new responsibilities: "Rocket Internet is a great company and has not yet reached its full potential. As a member of the Management Board, my goal will be to further drive Rocket Internet's position."
Rocket Internet founder and CEO Oliver Samwer said: "With Soheil Mirpour, we have succeeded to find a Board Member who has known our business model from different perspectives for many years. We will stay in contact with Alexander and would like to continue working with him in the future. Alexander is an outstanding Board Member and a valued partner with a very thorough understanding of our business model, which he has been instrumental in developing, shaping and driving forward since 2011. I would like to thank Alexander for his dedication and outstanding contribution to Rocket Internet."
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About Rocket Internet
Rocket Internet incubates, builds and operationally develops internet-based business models. It provides operational support to its companies and helps them scale internationally. Besides, it strategically invests in complementary internet and technology companies globally to build out its network. Rocket Internet's companies are active in a large number of countries around the world. Rocket Internet is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET) and is included in the MDAX index. For further information please visit www.rocket-internet.com
Disclaimer / Important Note
Rocket Internet does not have control over the selected companies mentioned above. The actual legal and economic interest of the Rocket Internet group in the network companies shown above is far lower than 100%. Economic ownership figures include, where applicable, economic interest held through entities over which Rocket Internet has no control. Please refer to Rocket Internet SE's consolidated financial statements for additional information on the group's consolidation policies and on the scope of consolidation.
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Rocket Internet SE and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Rocket Internet does not assume any obligations to update any forward-looking statements.
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