VIA optronics AG Announces Change in Management Board
04 April 2024 - 9:30PM
Business Wire
VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”), a
leading supplier of interactive display systems and solutions,
today announced that Dr. Markus Peters has resigned from his role
as Chief Financial Officer (“CFO”) and as a member of VIA's
Management Board, effective March 31, 2024.
Chairman of the Supervisory Board Dr. Heiko Frank commented, “On
behalf of the Supervisory Board, I would like to thank Dr. Peters
for taking on the role of CFO and Member of the Management Board
during a challenging period for the Company. We very much
appreciated all of his efforts and wish him all the best for the
future, both privately and professionally.”
Chief Executive Officer Roland Chochoiek added, “We would like
to thank Dr. Peters for his commitment and dedication during his
nearly three-year tenure as CFO. He has been a valued member of our
management team, and we wish him the best in his next
endeavors.”
Dr. Peters said, “I would like to thank the Supervisory Board
and the whole VIA team for their support, trust and engagement. To
the Company, I would like to express my best wishes for continuing
success.”
Bernd Wagner, who was appointed on an interim basis in November
2023 to oversee the Company’s finance department, will continue to
serve in his capacity as Interim CFO. Mr. Wagner is managing the
completion and filing of the Company’s financial statements.
About VIA:
VIA is a leading provider of interactive display solutions for
multiple end markets in which superior functionality or durability
is a critical differentiating factor. Its customizable technology
is well-suited for high-end markets with unique specifications and
demanding environments that pose technical and optical challenges
for displays, such as bright ambient light, vibration and shock,
extreme temperatures, and condensation. VIA’s interactive display
systems combine system design, interactive displays, software
functionality, cameras, and other hardware components. VIA’s
intellectual property portfolio, process know-how, optical bonding,
metal mesh touch sensor and camera module technologies provide
enhanced display solutions built to meet the specific needs of its
customers.
Forward-Looking Statements
Statements in this press release about future expectations,
plans and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute
“forward-looking statements.” These statements include, but are not
limited to, statements relating to the future performance of our
management and the completion and filing of our audited financial
statements. The words, without limitation, “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,”
“potential,” “predict,” “project,” “should,” “target,” “will,”
“would” and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain these or similar identifying words.
Forward-looking statements are based largely on our current
expectations and projections about future events and financial
trends that we believe may affect our financial condition, results
of operations, business strategy, short-term and long-term business
operations and objectives, and financial needs. These
forward-looking statements involve known and unknown risks,
uncertainties, changes in circumstances that are difficult to
predict and other important factors that may cause our actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statement. Important factors that
could cause actual events to differ materially from those in the
forward-looking statements herein include actions taken or to be
taken by the Supervisory Board or the Company’s auditors in
connection with the Supervisory Board’s findings, as previously
disclosed on February 28, 2024. In addition, the Supervisory
Board’s findings may continue to adversely affect the Company’s
ability to file the 2022 20-F and other required reports with the
U.S. Securities and Exchange Commission (“SEC”) in the anticipated
time frame or at all. Other important factors include the risks
described under Item 3. “Key Information—D. Risk Factors,” in our
Annual Report on Form 20-F for the financial year ended December
31, 2021, as filed with the SEC. Moreover, new risks emerge from
time to time. It is not possible for our management to predict all
risks, nor can we assess the impact of all factors on our business
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements we may make. In light of these
risks, uncertainties and assumptions, the forward-looking events
and circumstances discussed in this release may not occur and
actual results could differ materially and adversely from those
anticipated or implied in the forward-looking statements. We
caution you therefore against relying on these forward-looking
statements, and we qualify all of our forward-looking statements by
these cautionary statements. Any forward-looking statements
contained in this press release are based on the current
expectations of VIA’s management team and speak only as of the date
hereof, and VIA specifically disclaims any obligation to update any
forward-looking statement, whether as a result of new information,
future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240404985118/en/
Investor Relations Sam Gibbons Margaret Jones Alpha IR
Group Phone: +1 312-445-2870 Email: VIAO@alpha-ir.com
Media Contact Alexandra Müller-Pl�tz Phone: +49 911 597
575-302 Amueller-ploetz@via-optronics.com
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