Dr Cornelius Baur appointed as new Deputy Chairman of the Supervisory Board of CTS EVENTIM AG & Co. KGaA
Munich, 13 May 2022. Dr Cornelius Baur has been appointed as the new Deputy Chairman of the Supervisory Board of CTS EVENTIM AG & Co. KGaA. He succeeds Professor Jobst Plog, who decided not stand for re-election after 16 years in office. The Annual Shareholders’ Meeting of the Company confirmed the appointment of Dr Baur by a large majority on 12 May 2022.
Dr Bernd Kundrun, Chairman of the Supervisory Board, emphasised: “I am delighted that we were able to win Dr Baur for this role. He brings outstanding international management skills to the board and his expertise will be an invaluable asset as we seek to drive forward the development of CTS EVENTIM. I would also like to thank Professor Plog for his many years of dedicated service on the Supervisory Board of our Company and wish him all the best for the future.”
Dr Cornelius Baur commented: “As coronavirus restrictions are being lifted, people are excited to be able to enjoy more cultural activities and live events again. And so am I! The fact that I am able to play a part at CTS EVENTIM AG & Co. KGaA in making this happen fills me with gratitude and pride. I look forward to being part of a constructive Supervisory Board that collaborates closely with Klaus-Peter Schulenberg, Andreas Grandinger and Alexander Ruoff on the Board of Management.”
Dr Baur studied business administration at the Ludwig Maximilian University of Munich, followed by a doctorate degree focusing on the subject of strategic decision-making in the automotive industry. From 2014 to 2021, Baur headed up the German office of McKinsey as a Managing Partner, which also included organisational responsibility for the Austrian office in Vienna. In 2021, he became CEO of the European Healthcare Acquisition & Growth Company (EHC), which is listed on the Euronext exchange in Amsterdam.
About CTS EVENTIM
CTS EVENTIM is one of the leading international providers of ticketing services and live entertainment. Before the outbreak of the coronavirus pandemic, around 250 million tickets per annum were marketed using the Company’s systems – be it through physical box offices, online, or from mobile terminals. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The EVENTIM Group also includes many concert, tour, and festival promoter companies for events like Rock am Ring, Rock im Park, Hurricane, Southside, and Lucca Summer. In addition, CTS EVENTIM operates some of Europe’s most renowned venues, for example the LANXESS Arena in Cologne, the K.B. Hallen in Copenhagen, the Waldbühne in Berlin, and the EVENTIM Apollo in London. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the MDAX segment. In 2021, against a backdrop of forced closures, cancellations, and restrictions on events as a result of the coronavirus pandemic, the Group generated revenue totalling €407.8 million in more than 20 countries. In 2019, the year before the outbreak of the pandemic, revenue was in excess of €1.4 billion.
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