In its meeting held on October 24, 2011, the Supervisory Board of BRAIN FORCE HOLDING AG has approved the mutual termination of the management contract with Mr. Thomas Melzer as at December 31, 2011. Thomas Melzer has served as the Chief Financial Officer and Deputy-CEO of BRAIN FORCE HOLDING AG since April 1, 2008, and has played a significant role in the successful restructuring and strategic reorientation of the BRAIN FORCE Group over the last few years. The resulting adjustments to the holding structure will be completed by December 31, 2011. Thus the management contract with Thomas Melzer – valid until September 30, 2012 – can be prematurely terminated. The Supervisory Board would like to take this opportunity to thank Thomas Melzer for the valuable work he has performed in recent years, and wishes him all the best for his future endeavors.
- Investor Relations