Smartbroker Holding AG: Matthias Hach resigns as CEO with immediate effect, André Kolbinger to take over

Matthias Hach resigns as CEO with immediate effect, André Kolbinger to take over

Berlin, 19. August 2022 - The Supervisory Board of Smartbroker Holding AG (previously: wallstreet:online AG; ISIN: DE000A2GS609, FSE: WSO1, the “Company”) has today reached an agreement with Matthias Hach that Mr Hach will prematurely resign from his position as CEO of Smartbroker Holding AG and wallstreet:online capital AG by mutual consent with immediate effect and leave the Smartbroker group.

Different perspectives about the future strategic orientation of the group, especially with regard to the further development of the Smartbroker product, led to the departure.

The Supervisory Board wishes Mr Hach all the best for his future career.

With André Kolbinger, the current Chairman of the Supervisory Board and the Company’s major shareholder is to move back into the lead executive position in order to be able to participate more directly in the further development of the Company. As the group’s founder, André Kolbinger has been a member of the Management Board several times in the past and has been a member of the Supervisory Board since 2011. No decision has yet been made on his successor as Chairman of the Supervisory Board.

About the Smartbroker Group

The Smartbroker Group operates the Smartbroker – a multiple award-winning online broker, which is the only provider in Germany to combine the extensive product range of traditional brokers with the extremely favourable conditions of neo brokers. In addition, the Group operates four high-reach stock market portals (wallstreet-online.de, boersenNews.de, FinanzNachrichten.de and ARIVA.de). With several hundred million monthly page impressions, the Group is the by far largest publisher-independent financial portal operator in German-speaking countries, and also hosts the region’s largest finance community.

Press contact:

Felix Rentzsch
Head of Communications
Phone: +49 (0)176 4165 0721
Mail: f.rentzsch@smartbroker-holding.de

Investor Relations contact:

Sabrina Kassmannhuber
Investor Relations Manager
Phone: +49 (0)30 20 456 500
Mail: ir@smartbroker-holding.de