Announcements
Ad-hoc: Nemetschek CEO Not Available for Renewal of Contract
Munich, 17. October 2011 - Ernst Homolka, CEO of software producer Nemetschek AG (ISIN 0006452907), advised the company’s Supervisory Board today that he will not be available for a renewal of his management contract which runs until December 31, 2012.Explanations
Ernst Homolka, CEO of Nemetschek AG, gave the following reasons for his decision: "Notwithstanding the successful development of the company over the past years as well as the emerging successes in the current fiscal year, ideas concerning the future strategic alignment of the company differ between the Management Board and the Supervisory Board and can no longer be reconciled. All companies need the utmost consolidation between the Management Board and the Supervisory Board. The remaining term of my contract ensures that the Supervisory Board has sufficient time to find a successor for me."
About Nemetschek
The Nemetschek Group is Europe's leading vendor of software for architecture and construction. The graphical, analytical and commercial solutions cover a large part of the entire value chain in construction - from the planning and visualization of a building and the construction process itself through to building management. The software programs range from CAD solutions for architects and engineers to construction software for cost planning, tenders, awarding of contracts and execution. These are complemented by solutions for facility and real estate management as well as visualization software for architects and the movie industry.
The company was founded in 1963 and employs over 1,000 people worldwide. Its products are used by more than 300,000 customers in 142 countries worldwide. In 2010, Nemetschek achieved revenues of 150 million euros and an operating result (EBITDA) of 37 million euros.
Nemetschek AG
Regine Petzsch
Konrad-Zuse-Platz 1
81829 München
Tel. +49 89 92793-0
Fax +49 89 92793-5404
Send email
