Gigaset AG strengthens its Executive Board with Charles Fränkl as CEO
Munich, Nov 8, 2011
The Supervisory Board of Gigaset AG today appointed Charles Fränkl as the new Chief Executive Officer of the leading European phone manufacturer. The 53-year-old is an experienced and acknowledged expert in the international telecommunications and information technology business. Fränkl, who hails from Switzerland, will take over effective January 1, 2012. He was previously the CEO of the Internet payment system company ClickandBuy, a subsidiary of Deutsche Telekom AG.
As Chief Executive Officer, Fränkl will continue Gigaset AG’s expansion strategy following the company’s now completed realignment toward telecommunications and accessories. "In Charles Fränkl, Gigaset has gained an internationally qualified business personality who will further strengthen Gigaset’s image and boost the focused growth strategy of Europe’s market leader in cordless phones," says Rudi Lamprecht, Chairman of Gigaset AG’s Supervisory Board. "Together with our excellent Executive Board team, Charles Fränkl will help accelerate Gigaset’s expansion as a leading-edge communications company thanks to his excellent qualifications, such as in-depth expertise and many years of management experience in the ITC industry."
In his long management career, the graduate in telecommunications engineering has held leading posts at various companies in the industry, for example as CEO at AOL and Vodafone Information Systems.
Gigaset AG, Munich, is a worldwide operating company in the telecommunication and accessories sector. The company is a leading global producer of cordless phones and Europe’s market leader in DECT phones. Internationally, the premium provider with 1,600 employees is represented in more than 70 countries and is ranked in third place in its sector. The Gigaset AG shares are traded in the TecDAX (Prime Standard) of the Frankfurt Stock Exchange. Symbol: GGS, ISIN: DE0005156004.
Contact:
Gigaset AG
Kerstin Diebenbusch
Investor Relations
Tel.: +49 (0)89 444456-937
E-Mail: info@gigaset.com
