New structure for NFON AG: CEO Patrik Heider sets course for future profitable growth

New structure for NFON AG: CEO Patrik Heider sets course for future profitable growth

• New structure for profitable growth
• The position of CTO will be newly filled
• Management team to be expanded

New structure for profitable growth

Munich, 5 July 2023 - NFON, leading European provider of integrated cloud business communications is realigning its corporate management. The restructuring aims to put NFON AG back on track for growth, achieve higher profitability and live up to its role as an innovative pioneer of integrated cloud business communications in the European market. To achieve this, the management team will be adapted to the future corporate structure. In the course of these changes in the organisation, the executive board position of CTO will be newly filled and Patrik Heider will assume the positions of CEO as well as CFO in personal union. The function of CMO will be integrated into the Sales Department, and the position will not be filled.

More innovative into the future

"It is time to adapt NFON's corporate organisation to that of a modern software company and to ensure that Sales & Marketing, Product Management and Development, but also People & Culture, are now given a decisive and forward-looking role in the organisation. This is why they will become part of the new, expanded management team of NFON AG," says Patrik Heider, Chief Executive Officer of NFON AG. "Only with the right structure will we be able to efficiently implement the needs of our customers and attach even more importance to customer centricity in the future. On this basis of operational excellence, we will achieve sustainable profitability and return NFON to the role of an innovator, setting impulses with technological innovations in the fast-moving market for cloud communication."

Patrik Heider: "The Supervisory Board of NFON AG has decided not to extend the contract with Jan-Peter Koopmann. In order to support the implementation of planned changes in the best possible way, Jan-Peter Koopmann proposed immediate release from his contract, which was accepted by the Supervisory Board of NFON AG. The Supervisory Board thanks Jan-Peter Koopmann for his commitment and achievements over the past 14 years and wishes him all the best for the future."
 

Media Contacts

Investor Relations

Friederike Thyssen
NFON AG
+49 89 45 300 449
friederike.thyssen@nfon.com

About NFON

NFON AG, headquartered in Munich, is a European provider of integrated business communications from the cloud. The listed company (Frankfurt Stock Exchange, Prime Standard) includes over 3,000 partners in 15 European countries, seven subsidiaries and counts more than 50,000 companies as its customers. With the core product Cloudya, the smart cloud communications platform, NFON offers simplified voice calling, easy video conferencing, and seamless integrations for CRM and collaboration tools for small and medium sized companies. The NFON portfolio consists of four segments: Business Communications with Cloudya, Customer Contact, Integration and Enablement. All of NFON's cloud services are operated in certified data centres in Germany, whose energy requirements are covered 100% by renewable energies. NFON guides companies into the future of business communication with intuitive communication solutions. http://www.corporate.nfon.com/en

Disclaimer

This communication is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of the Company. The securities discussed herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. There will be no public offering of the securities discussed in this release in the United States of America and the information contained in this release does not constitute an offer of securities for sale. This announcement is not for distribution, publication or transmission, directly or indirectly, to or within the United States of America, Australia, Canada, Japan or any other jurisdiction in which such distribution is unlawful, or to U.S. persons.