CHG-MERIDIAN reorganizes Board of Management; Dr. Mathias Wagner to succeed Jürgen Mossakowski

CHG-MERIDIAN AG’s Chairman of the Board of Management, Jürgen Mossakowski, is making changes to the Board of Management that will settle the question of his successor at the head of this international technology-management company and financial service provider. After more than 18 years as Chairman of the Board of Management, the 56 year old is to join the Company’s Supervisory Board. Dr. Mathias Wagner, who is currently the Board of Management member responsible for international sales, is to become the new Chairman of the Board of Management of CHG-MERIDIAN, which employs more than 1,000 people around the world. Other changes include bringing all sales activities together in one remit and creating a separate Board of Management role with responsibility for IT and services. Board of Management responsibility for Finance remains unchanged.

Dr. Mathias Wagner (44) has already successfully demonstrated his wealth of managerial experience. He has worked at CHG-MERIDIAN since 2013 and played a key role in the Group’s continued international growth and the increased profitability of its foreign subsidiaries. Before joining the Board of Management of CHG-MERIDIAN, Dr. Wagner previously held various senior-management and board-level roles in the Fresenius Group.

All sales activities to be brought together in one remit

A further major change is that the sales function is to be brought together under one Board of Management remit. Frank Kottmann (49), who is currently the Board of Management member responsible for sales in Central Europe and for all international service activities, will head up all sales activities from 2017 onward. Kottmann will bring his extensive experience at senior-management level in the IT industry to the role. In the past four years at CHG-MERIDIAN, he has been very successful in developing the CHG-MERIDIAN Group’s traditionally strongest sales region and, going forward, will also bring his experience to bear for the future success of the business.

Newly established Board of Management remit for IT and services

A large and important structure is to be created for the service activities at CHG-MERIDIAN. With effect from January 1, 2017, Oliver Schorer (45) will join the Board of Management and take on the new IT and Services remit. Further establishing and expanding the service business is of immense strategic importance for CHG-MERIDIAN. Since 1999, Schorer has held a range of managerial roles within the CHG-MERIDIAN Group, including that role of the Chief Information Officer (CIO). As well as IT, he is currently responsible for the design and delivery of services.

Continuity in the Finance division

Responsibility for the Finance and Administration divisions will remain with Joachim Schulz (49), who has worked for the Company since 1996 and has been CHG-MERIDIAN’s Board of Management member with responsibility for finance since 2007. This remit also includes the Group Treasury, in which CHG-MERIDIAN currently funds technology investments totaling more than a billion euros a year via almost 100 international funding partners.

Mossakowski: New management team will continue the success story

“I am very pleased that it is possible for us to implement a decision that is important for the Company and for me in such a purposeful and structured manner. I firmly believe that the new Board of Management will continue the CHG-MERIDIAN success story that dates back more than thirty years,” said Mossakowski.

Frank Gelf, the son of the company’s founder Jürgen Gelf, and today a major co-shareholder and member of CHG-MERIDIAN’s Supervisory Board, welcomed the new composition of the Board of Management and Mossakowski’s decision to continue to support the Company as a Supervisory Board member. An extraordinary general meeting will be held before the end of the year to vote on the new composition of the Supervisory Board.

About CHG-MERIDIAN

CHG-MERIDIAN is one of the world’s leading non-captive providers of technology management in the fields of IT, industry, and healthcare. The Company has a workforce of approximately 1,000 professionals and offers one-stop management of customers’ technology infrastructure. Its product range includes consulting, financial and operational services, as well as remarketing services for used equipment at its two proprietary Technology and Service Centers in Germany and Norway. CHG-MERIDIAN offers efficient technology management for large corporations, small and medium-sized enterprises, and public-sector clients. It provides services for over 11,000 customers around the world and manages technology investments in excess of €4.4 billion. TESMA®, an online technology and service management system, ensures maximum transparency in managing technology portfolios and has more than 10,000 users. The Company has a global presence with 36 sites in 23 countries and is headquartered in Weingarten, southern Germany.

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