euro adhoc: ESCADA AG
Michael Börnicke becomes new Board of Management member at ESCADA

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Board of Management


Aschheim/Munich, February 2, 2009 - At its meeting on February 2, 2009 the Supervisory Board of ESCADA AG appointed Michael Börnicke (48) as member of the Board of Management of ESCADA AG with immediate effect. Mr. Börnicke will accompany the current reorientation of the company and take over financial responsibility after a transition phase.

Mr. Börnicke brings with him many years of expertise in the commercial business sector. He started his professional career at the Bayerische Hypotheken- und Wechsel-Bank in Munich before crossing over to the media industry in 1992. In his capacity as Commercial Director of ProSieben Media AG he played an instrumental role in the company's successful IPO in 1997. In 1998 Mr. Börnicke joined the executive management of Premiere Medien GmbH & Co.KG. As CFO Mr. Börnicke was responsible for Premiere AG´s initial listing. In his last assignment he held the post as CEO of the company.

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ots Originaltext: ESCADA AG
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Further inquiry note:
Investor Relations:
Yara Kes
Phone:    +49 (0) 89 9944 1336
Fax:        +49 (0) 89 9944 21336

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Branche: Clothing
ISIN:      DE0005692107
WKN:        569210
Index:    SDAX, CDAX, Classic All Share, Prime All Share
Börsen:  Börse Berlin / Open Market
              Börse Hamburg / Open Market
              Börse Stuttgart / Open Market
              Börse Düsseldorf / Open Market
              Börse Frankfurt / regulated dealing/prime standard
              Börse München / regulated dealing

Weitere Meldungen: ESCADA AG

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