[Munich, Germany, July 13th 2006] Effective July 1st, Dieter Schneider retired from his position as CEO of D.A.V.I.D. Gmbh. He will continue to support the company as a member of the board.
As a result of Mr. Schneider’s departure from the company’s day-to-day operations, the D.A.V.I.D. management team has been reorganized. Gerhard Moeller, who in the position of CMO was responsible for marketing and sales, has been named the new CEO. As before, Mr. Moeller will be leading the company in conjunction with the CTO, Michael Wittmann. Hans Michael Blobner, the newly appointed CFO, has been given power of attorney.
Ulrich Helm, a new addition to the staff, strengthens the team as the Marketing and Sales Director. His experience in the broadcast industry spans many years and includes leadership positions at FAST, Nexus and IntermediaSolutions. Marion Huber assumes the responsibility of the Sales Coordination department while Hans Rinkenbach resumes his oversight and management duties over marketing communications.
The new management team extends its gratitude to Dieter Schneider for his trustworthy and constructive contributions to our company. All of his D.A.V.I.D. colleagues wish him happiness and success in his future endeavours.