The Board of Directors of STARAMBA SE (XETRA: 99SC) has appointed Mr. Markus Peuler as Managing Director by resolution of 12 September 2019. Mr. Peuler succeeds Mr. Christian Daudert with effect from 16 September 2019. Mr. Peuler has been advising STARAMBA since April 2019 and has played a key role in shaping the Group’s comprehensive restructuring processes. As CEO of the company, Mr. Peuler will continue to drive these developments forward.

Before joining STARAMBA SE, Markus Peuler held positions of responsibility at well-known digital companies. In his last position, he was Chief Executive Officer (CEO) for almost five years and previously Chief Financial Officer (CFO) for the German online betting provider mybet. Mr. Peuler has more than 15 years of experience in the successful development of digital business models at Jamba and Fox Mobile. He learned the basics for his later career as CFO at the auditing company Deloitte in Berlin. In particular, his skills as a creative and forward-looking strategist and business developer, combined with his experience as CFO, will help STARAMBA SE to return to a path of sustainable and profitable growth.

“I am delighted to be on board of STARAMBA SE and to take responsibility. The company has an exciting business model with great potential for further development. The business units VR Experience, 3D Scanner Systems and Motion Capture & Animation deal with trend-setting services and products and have a high intersection among each other. Since April, I have been working with this dedicated and competent team at STARAMBA, we have already initiated and implemented many changes, so that I can look enthusiastically into the future. I am convinced that together as a team we will be able to return to profitability within the next three years,” says Markus Peuler, Managing Director of STARAMBA SE.

In addition to focusing on the business areas VR Experience, 3D Scanner Systems and Motion Capture & Animation, the restructuring process also includes renaming the company NeXR Technologies SE. At the Annual General Meeting to be held on 18 September 2019, STARAMBA SE shareholders will have the opportunity to vote on the renaming.