PAION AG: CEO Dr. James Phillips leaves the Company as of 30 November 2022, appointment of Supervisory Board member Gregor Siebert as member and new CEO until 30 November 2023

PAION AG / Key word(s): Personnel
PAION AG: CEO Dr. James Phillips leaves the Company as of 30 November 2022, appointment of Supervisory Board member Gregor Siebert as member and new CEO until 30 November 2023

30-Nov-2022 / 17:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc announcement pursuant to Art. 17 of the EU Market Abuse Regulation (MAR)

PAION AG: CEO Dr. James Phillips leaves the Company as of 30 November 2022, appointment of Supervisory Board member Gregor Siebert as member and new CEO until 30 November 2023

Aachen (Germany), 30 November 2022 – PAION AG (ISIN: DE000A0B65S3 / WKN A0B65S) announces that Dr. James Phillips leaves PAION AG as of 30 November 2022 by mutual agreement with the Company in order to pursue humanitarian activities in the future.

Mr. Gregor Siebert, currently a member of the Supervisory Board, will be appointed by the Supervisory Board of PAION AG as a member of the Management Board and Chairman of the Management Board pursuant to Sec. 105 (2) of the German Stock Corporation Act (AktG) for a period from 1 December 2022 until 30 November 2023 to succeed Dr. Phillips.

PAION AG, Aachen
 

PAION contact:
Investor Relations
cometis AG
Thorben Burbach
Tel.: +49 (0) 611 205855 23
E-Mail: burbach@cometis.de
www.paion.com

- End of the announcement -

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