CPO/CTO Nate Glissmeyer to leave HolidayCheck voluntarily before end of term

Munich, Germany, 7 July 2020 - The Chief Product & Chief Technology Officer (CPO/CTO) of HolidayCheck Group AG, Mr. Nate Glissmeyer, is leaving the Management Board of the company before the end of his full term at his own request on 31 July 2020.

Nate Glissmeyer joined the company at the beginning of 2017. As a proven e-commerce expert, he has spent the past three and a half years working hard to expand the technology and further develop the HolidayCheck product offering. He was also responsible for the successful migration of the HolidayCheck IT platform.

Nate Glissmeyer is leaving the company on the best of terms with the Supervisory Board. The division for which he is responsible will be split between CEO Dr. Marc Al-Hames and CFO Markus Scheuermann until further notice.

Holger Eckstein, Chairman of the Supervisory Board of HolidayCheck Group AG, commented:
"I regret Mr Glissmeyer's decision to leave the Management Board. On behalf of the entire Supervisory Board, the Management Board, and all employees, I would like to express my sincere thanks for his efforts. Nate Glissmeyer has carried out the technical and product development of the HolidayCheck platform over the past three and a half years with great commitment and passion. I wish him all the best for his personal and professional future".

Nate Glissmeyer, CPO & CTO of HolidayCheck Group AG:
"I have not made this decision lightly. HolidayCheck has come to mean a great deal to me over the past few years. But I am convinced this is the right time to make this change. The HolidayCheck platform is now best-in-class, flexible, and performing well. The Product stands on a solid base for the long-term successful development of HolidayCheck. In addition, the team is highly qualified and well-organised, ready to master the near-term challenges ahead and, at the same time, leverage opportunities that will arise in these turbulent times. I will remain a passionate observer of both the platform and the team, as I expect big things yet to come. I would like to thank the Supervisory Board and my two colleagues on the Management Board for their consistently positive and collegial cooperation. My special thanks go to all our employees. Their commitment, especially in difficult times, has impressed me greatly. I wish you and HolidayCheck all the best for the future.”

About HolidayCheck Group AG:
HolidayCheck Group AG (ISIN DE005495329), Munich, Germany, is one of Europe’s leading digital firms for holidaymakers. With a total workforce of around 490, HolidayCheck Group AG comprises HolidayCheck AG (which operates hotel review and travel booking portals by the same name), HC Touristik GmbH (which operates the tour operator HolidayCheck Reisen), Driveboo AG (which operates the car rental portal MietwagenCheck and Driveboo); and WebAssets B.V. (which operates the Zoover hotel review portals and the MeteoVista/WeerOnline weather portals). HolidayCheck Group’s vision is to become the world’s most holidaymaker-friendly company in the world.