MBB SE appointed Dr. Jakob Ammer as a further Executive Director with effect from 1 July 2021. As COO of the group, he will be responsible in particular for the development of the subsidiaries. Jakob Ammer has been part of the MBB team since 2020 and previously advised private equity and industrial companies at Bain & Company. He completed his doctorate at the Witten Institute for Family Business on the topic of family succession. From 1 July 2021, the new management of MBB SE will consist of Dr. Constantin Mang as CEO, Torben Teichler as CIO and Dr. Jakob Ammer as COO. Dr. Christof Nesemeier will become Executive Chairman (Chairman of the Board of Directors and Executive Director) under the monistic corporate constitution. Gert Maria Freimuth becomes Deputy Chairman of the Board. Gert-Maria Freimuth and Dr. Christof Nesemeier founded the company 25 years ago and together hold more than 65% of the shares. Both founders hold their shares for the long term.