Dr. Dirk Schmelzer Appointed Chief Financial Officer of Scout24 AG

Dr. Dirk Schmelzer Appointed Chief Financial Officer of Scout24 AG

- The expert for digital business models will start his job on June 18, 2019
- The current CFO, Christian Gisy, will be available for a transitional period

Munich/Berlin, June 4, 2019 - Dr. Dirk Schmelzer was appointed Chief Financial Officer (CFO) of Scout24 AG by the Supervisory Board with effect from June 18, 2019. The 52-year-old was CFO of the NuCom Group and played an instrumental role in the development of the Commerce Segment as one of the corporate pillars of the ProSiebenSat.1 Group. Prior to that, Schmelzer was CFO of the public listed company Tomorrow Focus AG, which later became HolidayCheck Group AG. Schmelzer can thus contribute his tenured CFO expertise and investor relations know-how regarding digital platforms and business models that are highly relevant for Scout24. The current CFO Christian Gisy will be available to the company for a transitional period until 1 July 2019.

The chairman of the Scout24 Supervisory Board, Dr. Hans-Holger Albrecht, comments: "With Dirk Schmelzer we were able to find a CFO for Scout24 who not only has outstanding financial expertise yet also many years of highly relevant industry experience in digital business models and investor relations. This is very important for the continued profit growth path of the company. On behalf of the entire Supervisory Board, I would also like to thank Christian Gisy for his many contributions to the successful development and repositioning of the company. I would particularly like to emphasize his outstanding work regarding the dialogue with capital markets. During his tenure of almost five years as CFO, he led Scout24 from its IPO to the MDAX, initiated and supported strategic M&A transactions and optimised the financing structure. We wish him all the best for his professional and personal future."

In his role as CFO of Scout24, Schmelzer will be responsible for the areas of finance, treasury, tax, controlling, procurement & facilities, and investor relations.

Dr. Dirk Schmelzer was CFO of the NuCom Group, a subsidiary of ProSiebenSat.1 and Private Equity Investor General Atlantic. For more than six years prior to that, he was CFO of the public listed company Tomorrow Focus AG and its spin-off company HolidayCheck Group AG, which operates the largest German hotel rating portal. Prior to this, he was CFO in the telecommunications industry, namely at Telefónica Deutschland GmbH and HanseNet GmbH. With a doctorate in political economy, he began his professional career in 1997 as a controller, and later in various management positions within the finance sector at the predecessor companies of Telefónica O2 (Germany).

"Scout24 enjoys an excellent reputation as a leading operator of digital marketplaces for real estate and automobiles. I am delighted and look forward to contributing to the company's continued growth as the new CFO," added Dr. Dirk Schmelzer, designated CFO of Scout24 AG.

The Executive Board of Scout24 AG will thus be made up of Tobias Hartmann (Chief Executive Officer), Dr. Dirk Schmelzer (Chief Financial Officer), Dr. Thomas Schroeter (Chief Product Officer), and Ralf Weitz (Chief Commercial Officer).

You can find further information on the company as well as photo material at www.scout24.com.

About Scout24

With our leading digital marketplaces ImmobilienScout24 in Germany and Austria and AutoScout24 across Europe we are creating a connected network for living and mobility. More than 1,500 employees empower our users to find their new home or their new car quickly and easily. Individual additional services, such as the brokerage of relocation services or construction and car financing, by Scout24 Consumer Services support this purpose. Scout24 AG is listed on the Frankfurt Stock Exchange (ISIN: DE000A12DM80, G24). For further information, please visit www.scout24.com, our Corporate Blog and Tech Blog or follow us on Twitter and LinkedIn.
 

Investor relations

Britta Schmidt
Vice President Investor Relations & Controlling
Tel.: +49 89 44456 3278
Email: [email protected]
 

Media relations

Jan Flaskamp
Vice President Communications & Marketing
Tel.: +49 30 24301 0721
Email: [email protected]
 

Disclaimer:

All information contained in this document has been carefully prepared. However, no liability of any kind will be accepted for the information contained in this document or for its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy and/or completeness of the information contained in this document and no liability whatsoever is accepted for any loss or damage arising directly or indirectly from the use of this information or opinions otherwise arising in connection therewith.

The information contained in this release is subject to amendment, revision and updating at any time. Certain statements in this document are forward-looking and reflect the Company's or senior management's current expectations and projections about future events. By their nature, such forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results, including the company's financial situation and profitability, to differ materially from and even be more negative than what has been expressly or implicitly implied or described by these statements. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company is under no obligation whatsoever to update or revise any information contained in this press release (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.

Scout24 also uses alternative performance measures, not defined by IFRS, to explain its earnings indicators. These should not be viewed in isolation, but treated as supplementary information. The special items used to calculate some alternative performance measures arise from the integration of acquired businesses, restructuring measures, impairments, gains or losses resulting from divestitures and sales of shareholdings, as well as other expenses and income that generally do not arise in conjunction with Scout24's ordinary business activities. Alternative performance measures used by Scout24 are defined in the "Glossary" section of Scout24's Annual Report 2016 which is publicly available at www.scout24.com/financial-reports.

Due to rounding, it is possible that the totals of the individual items published in this report may differ from the totals quoted and, for that reason, percentages may not reflect the exact development of the absolute numbers.