DGAP-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen:Change in Executive Management Board


DGAP-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von
elektronischen Systemen / Key word(s): Change of Personnel
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von
elektronischen Systemen:Change in Executive Management Board

18.05.2015 / 16:53

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Arrow Central Europe Holding Munich GmbH, a subsidiary of the US
corporation Arrow Electronics, Inc., is now the majority shareholder of
Data Modul AG, having thus far acquired 53.66% of Company shares as part of
a public tender offer. In connection with this event, Mr. Amir Mobayen,
Vice President & General Manager of Arrow OCS EMEA, has been appointed to
the Data Modul AG Supervisory Board.

At today's Supervisory Board meeting Mr. Walter King, Chief Operating
Officer of Data Modul AG, elected to resign, departing the Company as of
June 30, 2015. His resignation was voluntary. Mr. King, who was appointed
to the Executive Board in 2001, was director of Technology, Product
Marketing and Sales at Data Modul AG. The Supervisory Board would like to
expressly thank Mr. King for his hard work and achievements for the
Company.

CFO Dr. Florian Pesahl will hold sole directorship over these areas until
further notice.

Willingness to change and rapid action have become crucial factors for
business success, which is reflected in the highly satisfactory and solid
figures for Data Modul AG in fiscal year 2015. We have grown along with our
customers, suppliers, partners and employees around the world to achieve
outstanding performance.

Data Modul management, the Sales and Marketing Team, our production
facility in Weikersheim and our subsidiaries will continue offering the
same service we have been known for.

The Supervisory Board
Munich, May 18, 2015



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Language:    English                                                    
Company:     DATA MODUL Aktiengesellschaft Produktion und Vertrieb von  
             elektronischen Systemen                                    
             Landsberger Straße 322                                     
             80687 München                                              
             Germany                                                    
Phone:       +49 (0)89 56017-105                                        
Fax:         +49 (0)89 56017-102                                        
E-mail:      barbara.lederer@data-modul.com                             
Internet:    www.data-modul.com                                         
ISIN:        DE0005498901                                               
WKN:         549890                                                     
Listed:      Regulated Market in Frankfurt (Prime Standard), Munich;    
             Regulated Unofficial Market in Berlin, Dusseldorf,         
             Hamburg, Stuttgart                                         
 
 
End of News    DGAP News-Service  
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358809 18.05.2015