Corporate | 6 October 2006 07:24
ARQUES Industries AG: ARQUES Executive Board complete again
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
ARQUES Executive Board complete again
Dr. Michael Schumann new member of the Executive Board responsible for
acquisitions / Dr. Martin Vorderwülbecke becomes CFO
Starnberg, October 6, 2006 – The Supervisory Board of ARQUES Industries AG
(ISIN DE0005156004) decided on a restructuring of the Executive Board at
its extraordinary meeting on October 5. According to this decision, Dr.
Martin Vorderwülbecke will give up his previous position as Executive Board
member responsible for acquisitions and will immediately take on the
position of CFO and Executive Board Vice Chairman. Simultaneously, Dr.
Michael Schumann, longstanding manager in the acquisitions division, will
take over as Executive Board member responsible for acquisitions. Hereby
the Executive Board is completely occupied again.
Dr. Vorderwülbecke has been a member of the ARQUES Industries AG Executive
Board since July 1, 2004. He held the position of CFO provisionally from
March 1, 2005 to June 30, 2005, and since December 2005. Dr. Vorderwülbecke
has a doctorate in law, is a tax expert and holds an MBA from the
recognised INSEAD business school in Fontainebleau.
Dr. Schumann has been with the ARQUES acquisitions division in a managerial
position since the beginning of 2003. Numerous company purchases are
substantially due to his commitment. Dr. Schumann has a business degree and
has been working in the mergers and acquisitions area for many years.
The ARQUES Industries AG Executive Board is thus complete again with Dr.
Dr. Peter Löw (Executive Board Chairman), Dr. Martin Vorderwülbecke (CFO
and Executive Board Vice Chairman), Markus Zöllner (COO) and Dr. Michael
Schumann (Executive Board member responsible for acquisitions).
About ARQUES
ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround
specialist who focuses on the acquisition and the active restructuring of
companies in transitional situations, in order to develop these, with its
own team and own resources, to competitive enterprises with a positive
yield. ARQUES revitalises its subsidiaries’ potential for creating value
for the benefit of all its stakeholders, taking on the relevant social
responsibility. ARQUES has made a duty of identifying underestimated
companies with reduced survivability but with high appreciation potential,
at the same time mastering complex company structures and transitional
situations. The shares of ARQUES Industries AG are traded in the regulated
market (Prime Standard) of the Frankfurt Stock Exchange under the symbol
‘AQU’ (ISIN: DE0005156004) and are listed in the SDAX since September 19,
2005.
Contact:
ARQUES Industries AG
Corporate Communication
Christian Schneider
Tel.: +49 (0) 8151/ 651 0
Email: schneider@arques.de
(c)DGAP 06.10.2006
—————————————————————————
Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: info@arques.de
WWW: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
—————————————————————————