Zumtobel Group AG: Zumtobel Group: Management Board mandate of CFO Thomas Tschol extended

Dornbirn (pta018/14.11.2019/11:45 UTC+1) The Supervisory Board of the Zumtobel Group announces that the contract of CFO (Chief Financial Officer) Thomas Tschol has been extended.

With this decision, the Supervisory Board of the Zumtobel Group signals continuity: "We have come to appreciate Thomas Tschol as an excellent financial expert and look forward to a continued trustful cooperation. By extending his CFO mandate, we are taking an important step to provide stability and growth for all stakeholders," explains Jürg Zumtobel, Chairman of the Supervisory Board of the Zumtobel Group.

"I would like to thank the Supervisory Board for their trust. Together with my colleagues in the Management Board, we have set the course for a sustainable turnaround of the Zumtobel Group over the last few months. My goal is to continue the initiated change process with full commitment and at full speed. This is the only way we will be able to keep the company on the road to success in the long term," says Thomas Tschol, CFO Zumtobel Group.

Thomas Tschol assumed the role of Chief Financial Officer (CFO) in the Management Board of the Zumtobel Group with effect from 1 April 2018. His contract, which was terminated until 30 April 2020, has now been extended by the Supervisory Board until 30 April 2021.

About Thomas Tschol
Thomas Tschol studied business administration at the Ecole Supérieure de Commerce de Toulouse and at the TU Berlin and graduated in 1995. After starting his professional career at the Danube University in Krems and as a consultant at Cap Gemini Ernst & Young AG, Thomas Tschol established the Management Factory Corporate Advisory GmbH, a financial management service company, in Vienna in 2001. In addition to activities as the managing director of this company, he looks back on many years of experience as a Chief Financial Officer, among others with Mayr-Melnhof Holz Holding AG.

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Emitter:	Zumtobel Group AG Höchster Straße 8 6850 Dornbirn Austria
Contact Person:	Emanuel Hagspiel
Phone:	+43 5572 509 1125
E-Mail:	Emanuel.Hagspiel@zumtobelgroup.com
Website:	www.zumtobelgroup.com
ISIN(s):	AT0000837307 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)