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Versatel AG

euro adhoc: Versatel AG
Board of Directors (Appointments and Changes) / Versatel AG to reorganize Management Board due to changing market environment

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
27.09.2007
Versatel to reorganize Management Board due to changing market 
environment
The Management Board of Versatel AG has initiated a program to 
improve efficiency in order to adapt the company to the intensified 
competitive environment. As part of the refocusing of the company, it
will reorganize its executive board. This was decided by the 
Supervisory Board of Versatel AG in its meeting today. Versatel's 
Management Board will be extended instead from currently three to 
four members. The new executive officer will be tasked with the 
responsibility for Customer Care, Business Processes, and IT. The 
search for a suitable candidate began already. Furthermore, the 
Supervisory Board and the Chief Financial Officer Brian Cook have 
mutually agreed that Brian will leave the company as of September 30,
2007. Until the appointment of a successor Peer Knauer will 
temporarily take over as Chief Financial Officer. The Supervisory 
Board thanks Brian for his successful work he did for Versatel.
end of announcement                               euro adhoc 27.09.2007 11:39:41

Further inquiry note:

Susanne Tengler
Tel.: +49(0)211 52283556
E-Mail: susanne.tengler@versatel.de

Branche: Telecommunications Equipment
ISIN: DE000A0M2ZK2
WKN: AOM2ZK
Index: CDAX, Prime All Share, Technologie All Share, TecDAX
Börsen: Börse Frankfurt / official dealing/prime standard

Plus de actualités: Versatel AG
Plus de actualités: Versatel AG