Intershop Communications AG | Press Release |

Intershop Communications AG: Changes in the Board of Management

Jena, August 21, 2015 – Jochen Moll, Member and Spokesman of Intershop Communications AG’s (ISIN: DE000A0EPUH1) Board of Management, has resigned his position at his own request and with the consent of the Supervisory Board and will exit the company effective September 30, 2015. The responsibilities of the Board’s Spokesman will be assumed by Dr. Jochen Wiechen, the current Chief Technology Officer effective 1 September 2015.

Axel Köhler, Intershop’s current Senior Vice President Sales & Marketing, will join the Board effective September 1, 2015 and take on the responsibility for Sales, Marketing, Communication and Professional Services.

Jochen Moll was appointed to the Board as Member and Spokesman on April 1, 2012, and has been responsible for Sales, Marketing, Communication , and Professional Services.  Since July 2015, he additionally has been heading Finance and Human Resources. The main focus of his work was on re-positioning Intershop as an international software and service vendor and on re-branding the company.

“My job at Intershop has been an exciting challenge. I am very pleased that the company has completed the most important steps of its reorganization in order to position itself as a successful international software vendor. The great confidence expressed by our customers, partners and shareholders was very important and encouraging during this transition phase. I am proud that we have always been able to justify this. Therefore, I would particularly like to thank the Intershop team and the Supervisory Board for their excellent support during this time, which has not always been easy. All the more we now can witness the initial success of Intershop’s re-positioning”, Jochen Moll stated.

Dr. Herbert May, Chairman of the Supervisory Board, thanks Jochen Moll for his contributions.

“Jochen Moll´s role in transforming Intershop was of decisive nature. Over the past years, he has succeeded in positioning Intershop internationally among the top vendors. Thanks to excellent benchmark results, we were able to increase our brand’s recognition in particular in the USA, one of the most important e-commerce markets. In addition, Jochen Moll has strengthened the company’s position in the promising Asia-Pacific market and internationally established and advanced the business with new customers and with partners”, Dr. Herbert May, Chairman of the Supervisory Board, said. “We very much regret his resignation and would like to express our gratitude to him for his major commitment in the past years. We see it as very positive that he will now assume responsibility at one of our large international customers. We wish Jochen Moll success and all the best for his entrepreneurial future.”

Dr. May feels confident that Intershop’s positive transformation will see continuity under the new Board of Management. He explains:

“Within the scope of his current responsibility, Dr. Wiechen has developed a clear product strategy, encouraged a clear customer focus of the development teams and introduced a new development approach that significantly improves efficiency and proximity to the market. Intershop will have an excellent new Spokesman of the Management Board in him, thanks to his considerable technical experience in large and medium-sized companies, his noticeable sales-oriented approach and his strategic thinking.”

With respect to the new Board Member Axel Köhler, Intershop can rely on a proven expert of both, industry and company making him a perfect fit to successfully complete the initialized process. Mr. Köhler has decades of experience in heading various sales organizations. In his previous role at Intershop he has focused on winning new customers and pushed ahead the cooperation with integration partners. To this end, he has developed a go-to-market strategy and has consistently put it into practice. “This year’s results prove the success. In his new role he will continue the same path with the team”, Dr. May is convinced.

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About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Intershop Public Relations

Heide Rausch

Head of Corporate Communication

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309