Supervisory Board
Joachim Sperbel, Chairman
The financial expert Joachim Sperbel is consultant and held
positions in boards of directors and administration in several
companies in the past. The former executive management member of Postbank started his
career at Fried. Krupp Hüttenwerke AG and nine years later changed to
Klöckner-Humboldt-Deutz AG, where he held several leading positions in
the central department Finance. In 1991 Mr. Sperbel joined Postbank, where he later as member of the
executive management took responsibility for treasury, controlling and
credit.
Michael Sauer, Vice Chairman
The owner of the Cologne-based company Musicstore, Michael Sauer is
among the most successful European retailers and mail order specialists
for musical instruments. After receiving his Abitur (school-leaving certificate granting
entry into university studies), he completed a commercial vocational
traineeship and began working in the music wholesale company owned by
his father Artur Sauer (Scandalli-Sauer), where he remained until he
was 29. In 1974, Michael Sauer became the new CEO of FARFISA GmbH, a wholesaler that has since been acquired by Lear Siegler. At the same time, he started out on his own by taking over a small
music retailer in Cologne, which very quickly became the city's largest
music store. It later evolved into one of Europe's largest musical
instrument mail order companies.
Benedikt Wahler

Benedikt Wahler is a senior investment professional, advising
international institutional investors on large private and public
market transactions in Germany, Austria and Switzerland. A
professionally-trained banker, Mr Wahler studied Economics, Banking and
Finance at the Stanford University, Universidad de Buenos Aires and the
Frankfurt School of Finance & Management. He also holds a MA in
International Relations from Johns Hopkins University, where he worked
as research assistant to Prof. Horst Siebert.Benedikt Wahler has a successful track record of more than eight
years in the financial industry, having worked for HVB Group (now
Unicredit) on corporate projects and M&A advisory in Frankfurt,
Munich, Vienna, Kraków and Milan. Since 2005, he has co-led and advised
investment projects worth several billion Euros.