Exasol AG Announces Michael Konrad Will Step Down as CFO
- CFO Michael Konrad will be stepping down from his position effective 30 June 2021
- A successor has already been appointed and will be joining Exasol on 1 September 2021
Nuremberg, Germany - 4 May, 2021 - Exasol AG (ISIN DE000A0LR9G9), a global technology company and provider of a high-performance analytics database, announced today that Michael Konrad, Chief Financial Officer, has decided to step down for personal reasons and to pursue other endeavours. Michael Konrad will leave the company on 30 June 2021 in best mutual agreement with the Supervisory Board. His successor has already been appointed. However, for reasons of confidentiality with his previous employer, the new CFO's name will not be communicated until mid of June 2021.
Michael Konrad has been a member of the Management Board of Exasol AG since September 2015 and acts as CFO and COO. Prof. Jochen Tschunke, Chairman of the Supervisory Board of Exasol AG, comments: "As CFO, Michael Konrad played a leading role in shaping the build-up and transformation phase of Exasol and made a major contribution in creating the conditions and in the execution of the IPO of the company. The Supervisory Board thanks Mr Konrad for several years of successful commitment to the company."
Konrad's successor comes from a listed technology company and combines more than 20 years of professional experience in general management, finance, controlling and strategy consulting with an excellent track record.
Exasol Investor Relations contact
+49 911 23991 454
Exasol Press contact
Carla Gutierrez, Head of Global Communications
The Exasol high-performance analytics database is built to run faster than any other database, delivering next-level performance, scale and ease of use. Analyze billions of rows in seconds; run high-performance analytics securely in the cloud or on-premise; deliver frictionless analytics with self-indexing that automatically tunes performance; and scale out analytics for one transparent price. To learn more, please visit: www.exasol.com
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