The Supervisory Board of Berlin-based Rocket Internet (Frankfurt Stock Exchange: ISIN DE000A12UKK6, RKET) has proposed Stefan Krause and Pierre Louette as new members at the annual general meeting on June 9, 2016.
Stefan Krause is the former Chief Financial Officer of Deutsche Bank as well as former Chief Financial Officer and member of the Management Board for sales and marketing of BMW.
Pierre Louette is Chief Executive Officer Delegate of Orange in charge of the General Secretariat, Orange Digital Ventures, Orange Wholesale France, Group Sourcing and Supply Chain.
They will succeed Lorenzo Grabau and Erik Mitteregger to increase the number of Supervisory Board members independent of Rocket Internet shareholders. Mr. Grabau and Mr. Mitteregger will resign from the Rocket Internet Supervisory Board effective June 9, 2016.
The board is led by Chairman Professor Dr Marcus Englert.
Rocket Internet builds and invests in Internet companies with proven online business models in five industry sectors of online and mobile retail services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise, Home & Living and Travel. Its network of companies operates a variety of business models in over 110 countries on six continents with more than 36,000 employees at the end of 2015.