Management change at Intershop Communications AG

  • Dr. Jochen Wiechen to resign as planned in August 2021
  • Management Board member Markus Klahn to take over as Chairman of the Board

Jena, 12 January 2021 – Intershop Communications AG (ISIN: DE000A254211), a leading independent provider of innovative solutions for omni-channel commerce, announces a change in the Management Board. Long-serving Management Board Chairman (CEO) Dr. Jochen Wiechen will leave the company at his own request as planned when his contract expires at the end of August 2021. He will continue to hold office as CEO until the Annual General Meeting in May 2021 and will thereafter be available to the company in an advisory capacity until the end of his contract. Markus Klahn, currently Chief Operating Officer (COO), will lead the company as sole Chief Executive Officer (CEO) after the 2021 Annual General Meeting.

Dr. Jochen Wiechen has been a member of the company’s Management Board since 1 August 2013, initially serving as Chief Technical Officer (CTO) and from 1 September 2015 as Chairman of the Board. “In his capacity as CEO, Jochen Wiechen has been instrumental in Intershop’s transformation from a license provider to a provider of cloud solutions focusing on B2B commerce, thus setting the course for a future-proof business model and profitable growth,” said Christian Oecking, Chairman of the Supervisory Board of Intershop Communications AG.

In accordance with the company’s long-term succession plan, Board member Markus Klahn, who has served on the Board since April 2018 and is responsible for Service, Sales and Marketing, will continue to lead the company as sole Board member. Markus Klahn stands for the consistent implementation of the cloud strategy and the company’s continuously growing recurring revenues. The Supervisory Board is convinced that the appointment of Markus Klahn as the new CEO puts the company in an excellent position for the future.

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About Intershop

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 more than 25 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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Heide Rausch
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