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15.04.2025 09:00:13

EQS-News: Exasol AG: Supervisory Board resolves early extension of CEO Jörg Tewes‘ contract

EQS-News: Exasol AG / Key word(s): Personnel
Exasol AG: Supervisory Board resolves early extension of CEO Jörg Tewes‘ contract

15.04.2025 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Exasol AG: Supervisory Board resolves early extension of CEO Jörg Tewes‘ contract

Nuremberg, 15
 April 2025: The Supervisory Board of Exasol AG (ISIN DE000A0LR9G9, Xetra: EXL), a European technology company and provider of a high-performance analytics engine, has early extended the contract of Chief Executive Officer (CEO) Jörg Tewes until 31 December 2028. In doing so, the Supervisory Board is ensuring that the increased focus on the strategic direction and the initiated measures to accelerate profitable growth can be successfully continued. Jörg Tewes was appointed CEO of Exasol AG in January 2023. The original term of his contract ends on 31 December 2025.

„I would like to thank the Supervisory Board for the trust it has placed in me and look forward to further pushing ahead our successful strategy together with my colleagues on the Management Board and our entire team,“ said Jörg Tewes, CEO of Exasol AG. „Our sharpened strategic focus is already paying off. Last year, we achieved growth of almost 20% in our focus industries. We aim to consolidate this growth trajectory in the years ahead.“

“In the past years, Jörg Tewes has consistently aligned the strategy with Exasol’s strengths and returned the Company to profitability. On the Supervisory Board, we are convinced that the foundation for sustained growth has been laid and that Jörg Tewes will lead Exasol into a successful future,” said Volker Smid, Chairman of the Supervisory Board of Exasol AG.

About Exasol AG

Exasol AG (ETR: EXL) is a leading provider of high-performance database technology headquartered in Germany, specializing in on-premises and hybrid IT environments. The company offers customized solutions for customers in highly regulated industries and the public sector, ensuring digital sovereignty and compliance with the EU General Data Protection Regulation (GDPR).

Exasol is the world’s most powerful analytics engine, purpose-built to handle the most demanding data workloads with an unmatched price/performance ratio.

Trusted by global enterprises across diverse industries, Exasol delivers exceptional reliability and performance. With in-memory computing, massively parallel processing (MPP), self-tuning functionality, and advanced AI capabilities, Exasol simplifies complex analytics. This enables organizations to extract maximum value from their data while maintaining operational cost efficiency.

Whether used as a standalone data warehouse, an analytics accelerator, or an AI/ML model enabler, Exasol ensures reliable, high-performance analytics across both on-premises and hybrid environments.

For more information about how Exasol can transform your data analytics capabilities, visit www.exasol.com.

Investor Relations and Press Contact
Susan Hoffmeister
Investor Relations
Tel: +49 89 125 09 0333
E-Mail: ir@exasol.com



15.04.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: EXASOL AG
Neumeyerstraße 22-26
90411 Nuremberg
Germany
Internet: www.exasol.com
ISIN: DE000A0LR9G9
WKN: A0LR9G
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2111348

 
End of News EQS News Service

2111348  15.04.2025 CET/CEST

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