HolidayCheck Group AG announces change in composition of Management Board – Nate Glissmeyer to succeed Timo Salzsieder as CPO and Senior Vice-President Engineering at the HolidayCheck Group

HolidayCheck Group AG announces change in composition of Management Board – Nate Glissmeyer to succeed Timo Salzsieder as CPO and Senior Vice-President Engineering at the HolidayCheck Group

Munich, Germany, 20 December 2016 – Nate Glissmeyer (45) will join the Management Board of HolidayCheck Group AG on 1 January 2017 as Chief Product Officer (CPO) and Senior Vice-President Engineering. He will succeed Timo Salzsieder (47), who will step down from the Management Board of HolidayCheck Group AG at his own request on 28 February 2017.

Nate Glissmeyer currently holds the position of Director of Product Management at Amazon Inc., Seattle (USA), where he is responsible for the ‘Kids and Families, Digital’ division. He has performed a number of senior management roles for Amazon since 2004, leading various software and tech teams. In addition, as Category Manager and Director, he has had responsibility for different e-commerce units. He has been awarded several patents for his inventions. Nate Glissmeyer studied languages and literature at the University of Utah and graduated with a Master of Arts in 1995.

Timo Salzsieder joined the company as Chief Technology Officer (CTO) in July 2010. Between 2010 and 2015 he took on further management roles within the Group, including the position of Managing Director at TFT, the Group’s digital services agency, and later as Managing Director at HolidayCheck Solutions GmbH. In 2014 he was appointed Chief Operating Officer (COO) at HolidayCheck AG, and in 2015 he joined the Management Board of what is now HolidayCheck Group AG (formerly TOMORROW FOCUS AG) as COO.

Timo Salzsieder will leave the company on very amicable terms in order to pursue a new career challenge.

Commenting on the new appointment, HolidayCheck Group AG’s Chief Executive Officer (CEO) Georg Hesse said: ‘I am delighted that we have been able to appoint Nate Glissmeyer, who is an experienced product and IT specialist with a strong background in technology and e-commerce. I am confident that he will help us to push ahead rapidly with our plans. At the same time, I very much regret Timo Salzsieder’s decision to leave, and on behalf of the Management Board and the entire workforce I would like to express my gratitude for all he has done. I would particularly like to highlight the successful initiation of HolidayCheck’s IT platform under his leadership. The new state-of-the-art platform provides a strong technical foundation that will enable us to implement numerous product innovations in the coming months and years and turn our vision of making HolidayCheck Group AG the most holidaymaker-friendly company in the world into a reality.’

Stefan Winners, Chairperson of the Supervisory Board, added: ‘I would like to offer a warm welcome to Nate Glissmeyer. I am sure he will be an excellent CPO and that he will maintain the high profile of product development within the HolidayCheck Group. On behalf of the entire Supervisory Board, I would also like to thank Timo Salzsieder for his tremendous contribution to the company throughout the around seven years that he has been with us. I wish him every success for his new professional tasks.’

About HolidayCheck Group AG:

HolidayCheck Group AG (ISIN DE005495329), Munich, Germany, is one of Europe’s leading digital travel firms for holidaymakers. With a total workforce of around 400, HolidayCheck Group AG comprises HolidayCheck AG (which operates hotel review and travel booking portals by the same name, and the car rental portal MietwagenCheck) 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.