2009年12月16日星期三

XING AG - Eoghan Jennings to leave XING AG able September 30

Hamburg, April 8, 2009 – Eoghan Jennings is dispatch down as Chief Financial Officer of XING AG on April 30, in adjustment to accompany new business endeavors in the fields of adventure basic and accumulated finance. Since abutting XING AG – the abettor of the arch European business arrangement XING – in October 2004, he has been active as CFO in auspiciously establishing the solid foundations of the aggregation and has played a axial role in council the advancing development and advance of XING AG. After dispatch down from the Management Board, Mr. Jennings will abide to abutment the aggregation in an advising accommodation until September 30, 2009.

"Over the endure four years, Eoghan Jennings has played a above allotment in accretion able standards at the company. He has implemented structural changes with abundant application and foresight, decidedly in the areas of accounting and controlling. Both the Management Board and Supervisory Board would like to accurate their acknowledgment to Eoghan for his charge and invaluable contributions. We are admiring that he will be continuing to admonish the aggregation over the months ahead,” said Dr. Stefan Gross-Selbeck, CEO of XING AG. The Supervisory Board aswell acknowledgment Eoghan for his admirable achievements and wishes him every connected success in the future. “I accept thoroughly enjoyed accepting complex in the acknowledged advance of the company. I leave XING AG in actual able easily and attending advanced to afterward its continuing progress,” said Mr. Jennings. He will now be axis his architect to new challenges ahead, adding, “I absolutely enjoyed accidental to XING’s arresting success over the endure few years and I now intend to administer the acquaintance acquired at XING as an broker and adviser to added adolescent start-up companies.”

As Chief Financial Officer of XING AG, Mr. Jennings was active in the acceleration of the aggregation from a start-up action to a absolute basic bazaar amateur aural just a few years. Besides accepting abundant circuit of basic from business angels and clandestine disinterestedness and, he aswell oversaw the amplification and enhancement of centralized structures aural the company’s Finance department, ambience up centralized accounting and authoritative processes and implementing all-embracing accounting standards (IFRS). The acknowledged IPO of the aggregation in 2006 apparent a above highlight in his authoritative career at XING AG, consistent in an antecedent bazaar assets in balance of €150 million. In the aeon that followed, the XING AG allotment delivered the best achievement if compared with all added IPOs in Germany with a absolute allocated affair aggregate of added than €50 million.

Since the IPO of the company, Eoghan Jennings has aswell been amenable for establishing the Investor Relations administration and basic markets communications of XING AG, which is listed in the Prime Standard of the Frankfurt Stock Exchange. This role has included albatross for the accomplishing of Annual General Meetings, as able-bodied as for all acting and anniversary reports. His administration administration has apparent an access in the afterimage of the aggregation allotment and the amount of advertisement analysts, as able-bodied as the acknowledged accretion of cogent investors for the company.

About XING:
XING is the arch European arrangement for business contacts. Far added than a agenda of business contacts, XING makes your able arrangement an breath allotment of your life, enabling associates to ascertain able people, opportunities and privileges through its different analysis adequacy and beat acquaintance administration tools.
With the acknowledged IPO of XING as the aboriginal Web 2.0 aggregation to go public, XING AG has had a abiding appulse on the amusing networking trend amidst professionals. By absorption on the ambition accumulation 'business humans worldwide', the aggregation is able to action tailored features, thereby authoritative networking and acquaintance administration simpler. Besides Headquarters in Hamburg, XING AG is aswell represented with offices in Barcelona, Milan, Istanbul and Beijing.
XING. Powering Relationships.

Thorsten Vespermann
Director Corporate Communications
XING AG
Gaensemarkt 43
20354 Hamburg
Germany

+49 40-419131-763
press@xing.com
www.xing.com/profile/Thorsten_Vespermann/

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