Jena, 29 April 2016 – Intershop Communications AG Supervisory Board members Dr. Herbert May and Dr. Kai Hudetz today informed the company that they will resign from office at the end of the ordinary Annual General Meeting on 2 June 2016. Dr. May has served on the Supervisory Board since October 2010 and held the position of Chairman since November 2010. Dr. Hudetz was elected to the Supervisory Board by the Annual General Meeting in June 2013 and has served as Vice Chairman since last May. The Management Board thanks the two Supervisory Board members for their valuable contribution to the company and the long-standing constructive cooperation.
Two new Supervisory Board members are to be elected at the Annual General Meeting on 2 June 2016. The respective item will be added to the agenda at the request of a group of shareholders. The Intershop Management Board appreciates the election proposals made by these shareholders for the election of Mr Christian Oecking and Prof. Dr. Louis Velthuis. The corresponding supplementary motion was received by the company today and will be published in the Federal Gazette and at http://www.intershop.de/investoren-hauptversammlung next week following legal examination.
Intershop (founded in Germany 1992; Prime Standard: ISHA) enables the world’s leading manufacturers and wholesalers to digitalize, transform, and boost their businesses. Our e-commerce platform and cloud-based technology give B2B companies the power to establish and expand their digital presence, improve customer experience, and increase online revenue. With 30 years experience and a global presence, we help our 300+ clients turn products into profits, customers into business partners, and transactions into lasting relationships.
Intershop is built to boost your business. Learn more 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.
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