on Mynaric AG (isin : DE000A0JCY11)
Mynaric Appoints Andreas Reif as Chief Restructuring Officer Following CEO Departure
Mynaric (NASDAQ: MYNA), a leader in industrialized laser communications, announced the immediate departure of Mustafa Veziroglu as CEO. Mustafa Veziroglu, who joined Mynaric in August 2022, has played a crucial role in overseeing the entire product lifecycle from development to delivery. The supervisory board and Veziroglu mutually decided on this termination.
Andreas Reif has been appointed as Chief Restructuring Officer (CRO) and member of the management board. Reif will focus on reducing costs and managing cash flow while aligning closely with customer needs. His previous experience includes key roles in financial and operational management within Germany’s industrial manufacturing sector.
The Annual General Meeting, initially scheduled for August 29, 2024, will be postponed due to these management changes. Further details on the new schedule will be announced separately.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Mynaric AG news