EANS-Adhoc: FACC AG / DI Walter Stephan (CEO) was revoked from the management board with immediate effect.
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
Management Changes/C.E.O. Interviews
In the supervisory board meeting, held on May 24, 2016, Mr. Walter Stephan
(CEO) was revoked by the supervisory board as chairman of the management board
of FACC AG with immediate effect for important reason. The supervisory board
came to the conclusion, that Mr. Walter Stephan has severely violated his
duties, in particular in relation to the "Fake President Incident". Mr. Robert
Machtlinger was appointed as interim CEO of FACC AG.
end of announcement euro adhoc
issuer: FACC AG
A-4910 Ried im Innkreis
sector: Industrial Components
stockmarkets: Regulated free trade: Wien
Digital press kit: http://www.ots.at/pressemappe/7665/aom