CAS Establishes New Supervisory and Management Boards; Sets the Stage for
Continued Global Growth
KAISERSLAUTERN, ATLANTA, and SYDNEY, Nov. 18 /PRNewswire-AsiaNet/ --
CAS Restructures From GmbH To AG Company Status
CAS AG, the leading global provider of demand side management solutions for
the consumer products industry, today announced it has restructured the Company
from GmbH (Gesellschaft mit beschrankter Haftung) to an AG (Aktiengesellschaft)
status. Under the terms of German legal requirements for an AG company status,
CAS has, amongst other things, developed and established a Supervisory Board, a
Management Board and new company shareholder classifications. CAS has now
fulfilled all of these requirements.
“Today's announcement marks a significant milestone for CAS,” said Stefan W.
Joneck, Global CEO of CAS. “Throughout CAS' twenty-three year history, we have
developed a strong reputation and heritage as the leading demand side management
solutions company for the consumer goods industry. CAS' decision to restructure
the company's status as an AG further underscores our strategic vision, industry
leadership, commitment and dedication to our customers, partners and employees as
we continue to enhance our solutions and services offerings, grow our teams and
operations globally, and prepare the company for future transactional ventures.”
As part of fulfilling the requirements of the AG company status, CAS has
nominated the following industry leaders to its Supervisory Board:
-- Senator e.h. Klaus-Dieter Laidig (Chairman of the Supervisory Board): A
senior executive with a long career ranging from banking to a successful leader
with Hewlett Packard. He was responsible for developing the company's commercial
computer business in Europe and was a Geschaeftsfuehrer of Hewlett-Packard
Germany. Among other Board appointments, Mr. Laidig was a member of the SAP
Supervisory Board from 1996 until 2003. Today, Klaus-Dieter Laidig is a managing
partner of Laidig Business Consulting GmbH.
-- Senator e.h. Dr. h.c. Hans-Werner Hector: Was a co-founder and member of
the Board of Directors of SAP AG. From 1992 through June 1995 he was CEO,
president, and vice chairman of SAP's U.S. Subsidiary, SAP America, Inc. He has
played a leading role in the growth of SAP AG from startup to today's
international public company success as the world's third-largest independent
software vendor and market leader in standard business software applications. He
has also been an associate of CAS since 1999.
-- Prof. Dr. Hans-Jorg Bullinger (Deputy Chairman of the Supervisory Board):
A distinguished professor of Industrial Science and Human Engineering in Germany.
Prof. Bullinger has dedicated his profession to helping companies harness the
rewards of true innovation. Today he is a renowned thought leader and sits as the
President of the Fraunhofer-Gesellschaft, the biggest German research institute
dedicated to driving innovation in private and public enterprises.
-- Matthias K. Joneck: Is the Global Chief Technology Officer of CAS,
leading the company's product development in Europe and the U.S. Mr. Joneck has
over 30 years of experience in software engineering and over 18 years technical
consulting background.
-- Wolfgang Schlachter: Has over 20 years of experience as an independent
certified tax consultant and 9 years as a managing partner of the misch +
schlachter gmbh steuerberatungsgesellschaft in Zweibrucken. For the last 20 years
Mr. Schlachter has been a tax advisor to CAS and other family-owned enterprises.
His consulting focus is around the design and implementation of strategic tax
solutions, tax planning, business consulting and international accounting.
-- Dr. Andreas Wiedemann: For more than 10 years, Dr. Wiedemann has been
advising family-owned enterprises in conceptual questions regarding succession
planning, corporate restructuring, mergers and acquisitions, as well as general
Stock Corporation and capital markets. He is a partner of Hennerkes,
Kirchdoerfer and Lorz law firm.
Under the newly formed Company structure, the following CAS executives will
serve on the CAS Management Board: Stefan W. Joneck, Global CEO, Matthias K.
Joneck, Global CTO, Todd Fryburger, North America CEO, Markus Hoffman, APAC
President, Henning Fromme, EMEA President, Adrian Goodliffe, GVP Sales, Andreas
Umhauer, GVP Finance, Dr. Andreas Enders, GVP Product Marketing and Kathryn
Gramling, GVP Corporate Marketing.
Earlier this year, CAS expanded its operations, appointing several consumer
goods industry veterans to key management positions including Davis Bennett, VP
Services Americas, Addie Bourne, VP Marketing Americas, Stephen Fowler, VP Sales
EMEA and Anthony Bigornia VP Product Strategy. CAS also recently announced the
launch of its CAS Global Services and CAS Alliances Program offerings to further
enhance IT implementation partnerships and collaboration.
About CAS
CAS is the leading, global provider of demand side management solutions for
the consumer products industry. With more than 20 years of industry specific
experience, CAS has unrivalled expertise in delivering solutions that manage
profitable growth across the customer facing enterprise. To enable this, the
CPWerx(TM) solution supports a multi level architecture of transactional,
analytical and optimization technology. By supporting closed loop business
processes, CPWerx delivers integrated solutions to meet the most demanding
requirements of the industry - including Trade Promotion Management, Field Sales
Management and Category Management. CAS customers include leading consumer
products companies such as Beiersdorf, Campbell Soup Company, Coty, Danone, Dr.
Oetker, Electrolux, Henkel, InBev, and Molson Coors. CAS has global headquarters
in Germany with offices in North America, Europe, Asia and Australia. For further
For more information please contact: CASPR@ruderfinn.com
SOURCE: CAS
CONTACT: CAS PR
+1-212-715-1613
CASPR@ruderfinn.com
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