– Chairman of the Supervisory Board Prof. Willi Berchtold dismissed
– Peter Steiner is new Chairman of the Supervisory Board
(Hamburg, 4 June 2019) Lotto24 AG (Lotto24.de), Germany’s leading online provider of state lotteries, held its Annual General Meeting in Hamburg today. With a total attendance of around 96 percent of voting capital, all items on the agenda were adopted with large majorities. The agenda included the usual items, such as approving the actions of the Executive Board and Supervisory Board, the appointment of auditors, and the cancellation of the former “Authorised Capital 2015” and creation of the new “Authorised Capital 2019”. In connection with the takeover of Lotto24 AG by ZEAL Network SE, which was successfully completed on 14 May 2019, the agenda also included the requested supplementary items concerning the dismissal of Prof. Willi Berchtold and election of Peter Steiner as a new member of the Supervisory Board.
“We would like to thank Prof. Berchtold for his outstanding commitment, both in the previous years and in the current takeover situation, during which he has consistently upheld the principles of good corporate governance and the protection of the Lotto24 shareholders. We wish him all the best for the future,” states Petra von Strombeck, CEO of Lotto24 AG.
At the constituent meeting of the Supervisory Board, which was also held today, Peter Steiner was elected as the new Chairman of the Supervisory Board of Lotto24 AG. Steiner, born in Ludwigshafen am Rhein on 16 July 1959, is a self-employed auditor and advises company owners, large corporations and financial investors. He was previously a partner of the investment company One Equity Partners LLC and also worked for MG Technologies AG as its Chief Financial Officer. At Dyckerhoff AG, he was successively Chief Financial Officer, Chief Operating Officer and finally Chief Executive Officer. Following his many years as an auditor with Arthur Andersen & Co., he was also Chief Financial Officer of Süba Bau AG. Peter Steiner studied business administration in Mannheim and Cologne.
