Christian
Mangstl switches to the Supervisory Board, Dr. Martin Enderle appointed new CEO
Munich,
2 May 2005: at his own instigation, Christian Mangstl, co-founder of the Scout24 Group, will retire
from his position as group CEO at the end of May and switch to the Supervisory Board. He is succeeded
by Dr. Martin Enderle, currently divisional manager for international business and shareholdings at
T-Online International AG and member of the Scout24 Supervisory Board.
Christian
Mangstl played a decisive role in the successful development of the Scout24 Group. In 1998, he was jointly
responsible for developing the operating business of AutoScout24, before subsequently taking over the
management as CEO of the Scout24 Group in September 2000. Consequently, he steered the group out of
the start-up phase and into profitable growth: with double-digit annual growth in turnover and a monthly
reach of around 4 million in terms of German Internet users, the Scout24 Group has consolidated its
position as Europe's leading network of online market places. The group currently employs 680 staff.
At the beginning of 2004, T-Online acquired Scout24, which remains an independent brand and organization
within the T-Online group of companies.
"I am extremely proud of Scout24 and all that we have achieved so far. On the basis of this market position and in association with T-Online, Scout24 can look forward to sustaining its highly successful development in the future. For personal reasons however, after practically seven years at Scout24 - almost five of which were as CEO - the point has now come for me to reorganize my priorities and time. I am absolutely delighted that Martin Enderle, who I have worked extremely closely with for more than a year, is taking on the task as CEO, a task in which I will have the opportunity of supporting him and Scout24 in my new role with the Supervisory Board", says Mangstl.
Rainer Beaujean, Chief Executive of T-Online International AG and Chairman of the Supervisory Board at Scout24, adds: "Scout24 is an extremely successful platform and an important component within the strategy of T-Online International AG. I would like to extend my most sincere thanks to Christian Mangstl for his work and excellent collaboration, which we will continue to pursue in restructured form. On account of his close cooperation with Scout24 to date, Dr. Martin Enderle is an excellent successor to Christian Mangstl".
Dr. Martin Enderle is currently the divisional manager for international business and shareholdings at T-Online International AG and was largely responsible for the acquisition of the Scout24 Group by T-Online. Furthermore, Dr. Enderle is also a member of the Supervisory Board at Scout24.
Christian Mangstl will remain with the Scout24 Group: alongside his activity within the Supervisory Board of Scout24 Holding, he will also be active on various committees for individual online market places of the Scout24 Group.
"I am extremely proud of Scout24 and all that we have achieved so far. On the basis of this market position and in association with T-Online, Scout24 can look forward to sustaining its highly successful development in the future. For personal reasons however, after practically seven years at Scout24 - almost five of which were as CEO - the point has now come for me to reorganize my priorities and time. I am absolutely delighted that Martin Enderle, who I have worked extremely closely with for more than a year, is taking on the task as CEO, a task in which I will have the opportunity of supporting him and Scout24 in my new role with the Supervisory Board", says Mangstl.
Rainer Beaujean, Chief Executive of T-Online International AG and Chairman of the Supervisory Board at Scout24, adds: "Scout24 is an extremely successful platform and an important component within the strategy of T-Online International AG. I would like to extend my most sincere thanks to Christian Mangstl for his work and excellent collaboration, which we will continue to pursue in restructured form. On account of his close cooperation with Scout24 to date, Dr. Martin Enderle is an excellent successor to Christian Mangstl".
Dr. Martin Enderle is currently the divisional manager for international business and shareholdings at T-Online International AG and was largely responsible for the acquisition of the Scout24 Group by T-Online. Furthermore, Dr. Enderle is also a member of the Supervisory Board at Scout24.
Christian Mangstl will remain with the Scout24 Group: alongside his activity within the Supervisory Board of Scout24 Holding, he will also be active on various committees for individual online market places of the Scout24 Group.
About Scout24-Group
Scout24 is one of Europe's leading groups of companies for online market places. The seven marketplaces of the Scout24 Group, AutoScout24, ElectronicScout24, FinanceScout24, FriendScout24, ImmobilienScout24, JobScout24, TravelScout24 and the portal Jobs.de are present in 18 countries. As a strong partner, Scout supports its customers in important decisions, in particular in the fields of housing, mobility, employment, partnership and finance.
Every month, around eight million Internet users place their confidence in the offerings provided by the Scout24 Group, which is a part of the Deutsche Telekom Group. Further information is available under www.scout24.com.Press contact:
Scout24 Holding GmbH
Ergin Iyilikci
Vice President Corporate Communications / PR
Rosenheimer Straße 143b
81671 München
Tel.: + 49 89 490 267 397
Email: presse@scout24.com
