6 December 2023 |

Mountain Alliance AG announces changes to the Management Board

Munich, December 05, 2023 - Mountain Alliance AG (ISIN DE000A12UK08) announces personnel changes in the Management Board.

In agreement with the Supervisory Board, Management Board member Manfred Danner has not extended his contract and will therefore leave the Management Board with effect from the end of December 31, 2023.

Manfred Danner was appointed to the company's Executive Board as COO on October 1, 2017 following his position as Head of Portfolio Management / Legal. He gradually took on the additional role of CFO and has been the sole member of the Executive Board of Mountain Alliance AG since July 1, 2021.

At its meeting on 05.12.2023, the Supervisory Board appointed Dr. Ulrich Tetzner to the company's Executive Board with effect from 01.01.2024. Dr. Tetzner has been a business angel and active investor in technology companies for many years.

"With his entrepreneurial vision and broad professional expertise, Mr. Danner has shown excellent commitment to Mountain Alliance AG in various positions and tasks. On behalf of the Supervisory Board, I would like to thank him for this and wish him all the best for the future," says Dr. Cornelius Boersch, Chairman of the Supervisory Board of Mountain Alliance AG. "Dr. Tetzner is very familiar to me from my past as a far-sighted and experienced business angel. I am convinced that he will guide the fortunes of Mountain Alliance AG to the great satisfaction of our shareholders."

Translated with www.DeepL.com/Translator (free version)

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