The Supervisory Board of cyan AG appointed Frank von Seth as the company's new Chief Executive Officer (CEO) with effect from 1 January 2021 for a period of 3 years. Most recently, he was Chief Commercial Officer for Austria and Switzerland. There he was able to conclude numerous large contracts with multinational clients. Peter Arnoth, CEO of cyan for many years, will not extend his management contract, which expires on 31 December 2020, at his own request. However, Peter Arnoth will remain associated with the company as a consultant for the long-term.