SYZYGY AG: Frank Wolfram appointed new CEO of the SYZYGY AG

Bad Homburg (pta009/20.06.2024/10:00 UTC+2)

SYZYGY AG has appointed a new CEO, with Frank Wolfram due to take up the post with effect from July 1, 2024. The leading consultancy and implementation partner for digital experiences will then once again be led by a three-member senior management team, comprising Frank Wolfram as CEO and current board members Frank Ladner as Chief Technology Officer and Erwin Greiner as Chief Financial Officer.

This move sees Frank Wolfram returning to his professional roots. As a former board member and Chief Technology Officer in the period 2000 to 2012, he was part of SYZYGY AG's successful stock market flotation and helped drive the company's growth strategy, as well as managing a number of clients such as Daimler, Deutsche Bank, Mazda and O2 Telefónica. Wolfram combines outstanding expertise with more than 20 years' experience in implementing digital marketing solutions and strategic consulting for digital transformation projects.

Wolfram is joining from the Scholz & Friends agency group, where he has held a dual leadership role since 2020 as partner and Chief Digital Officer at Scholz & Friends Group and managing director and Chief Technology Officer at Scholz & Friends Family. His role there included working for clients such as Volkswagen Commercial Vehicles, the Sparkasse and various German federal ministries. Wolfram will retain associated with the Scholz & Friends Family as a partner. Scholz & Friends is majority-owned by world-leading agency group WPP, which is also the majority shareholder in the SYZYGY GROUP.

"We are delighted to appoint Frank Wolfram as CEO of SYZYGY GROUP following a careful selection process. He is a recognised top manager who is characterised by his strong leadership skills, his sales power and his deep understanding of the digital transformation," says Antje Neubauer, Chairwoman of the Supervisory Board of the SYZYGY GROUP. "Frank has a clear growth vision for SYZYGY GROUP's independent development, which convinced us as Supervisory Board and both Management Board members."

"SYZYGY GROUP has a strong market position thanks to its unique digital value chain consisting of transformation consulting, digital product and service development, technology implementation and performance marketing. We will continue to strengthen and expand this foundation," says Frank Wolfram. "The collaboration between SYZYGY GROUP and Scholz & Friends, as well as other WPP agencies, can also generate significant opportunities in the future as part of our growth strategy. I am very much looking forward to working with my colleagues at SYZYGY GROUP and to being back at my "home club" SYZYGY.

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Emitter:	SYZYGY AG Horexstraße 28 61352 Bad Homburg Germany
Contact Person:	Susan Wallenborn
Phone:	+49 (0)6172 9488 252
E-Mail:	susan.wallenborn@syzygy-group.net
Website:	www.syzygy-group.net
ISIN(s):	DE0005104806 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate