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Mynaric Announces Voluntary Departure of CFO Stefan Berndt von-Bülow

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Mynaric (NASDAQ:MYNA) announced the voluntary departure of CFO Stefan Berndt von-Bülow for personal reasons, effective last week. Von-Bülow, who joined Mynaric in 2018 and became CFO in 2020, made significant contributions to the company's financial strategy, operations, and investor relations. He played a important role in several capital raises, debt financing, and Mynaric's Nasdaq listing in November 2021.

CEO Mustafa Veziroglu and CTO Joachim Horwath praised von-Bülow's leadership in transforming Mynaric into a leading supplier of free space optical communications technology. The company has initiated a global search for a new CFO, with Veziroglu and Horwath temporarily assuming CFO responsibilities.

Mynaric (NASDAQ:MYNA) ha annunciato il dimissione volontaria del CFO Stefan Berndt von-Bülow per motivi personali, a partire dalla scorsa settimana. Von-Bülow, che è entrato a far parte di Mynaric nel 2018 e ha assunto il ruolo di CFO nel 2020, ha fornito contributi significativi alla strategia finanziaria, alle operazioni e alle relazioni con gli investitori dell'azienda. Ha avuto un ruolo importante in diverse raccolte di capitale, finanziamenti attraverso debito e nella quotazione di Mynaric al Nasdaq nel novembre 2021.

Il CEO Mustafa Veziroglu e il CTO Joachim Horwath hanno elogiato la leadership di von-Bülow nella trasformazione di Mynaric in un fornitore leader di tecnologia per comunicazioni ottiche nello spazio libero. L'azienda ha avviato una ricerca globale per un nuovo CFO, con Veziroglu e Horwath che assumono temporaneamente le responsabilità di CFO.

Mynaric (NASDAQ:MYNA) anunció la salida voluntaria del CFO Stefan Berndt von-Bülow por motivos personales, efectiva la semana pasada. Von-Bülow, que se unió a Mynaric en 2018 y se convirtió en CFO en 2020, hizo contribuciones significativas a la estrategia financiera, operaciones y relaciones con inversores de la empresa. Desempeñó un papel importante en diversas rondas de capital, financiamiento de deuda y en la cotización de Mynaric en Nasdaq en noviembre de 2021.

El CEO Mustafa Veziroglu y el CTO Joachim Horwath elogiaron el liderazgo de von-Bülow en la transformación de Mynaric en un proveedor líder de tecnología de comunicaciones ópticas en espacio libre. La compañía ha iniciado una búsqueda global para un nuevo CFO, con Veziroglu y Horwath asumiendo temporalmente las responsabilidades del CFO.

Mynaric (NASDAQ:MYNA)는 CFO Stefan Berndt von-Bülow의 자발적 퇴사를 개인적인 이유로 지난 주부터 시행한다고 발표했습니다. 2018년에 Mynaric에 합류하고 2020년에 CFO가 된 von-Bülow는 회사의 재무 전략, 운영 및 투자자 관계에 크게 기여했습니다. 그는 여러 자본 조달, 채무 금융 및 Mynaric의 2021년 11월 Nasdaq 상장에 중요한 역할을 했습니다.

CEO Mustafa Veziroglu와 CTO Joachim Horwath는 Mynaric을 자유 공간 광 통신 기술의 선도 공급업체로 변화시키는 데 있어 von-Bülow의 리더십을 칭찬했습니다. 회사는 새 CFO를 위한 글로벌 검색을 시작했으며 Veziroglu와 Horwath가 일시적으로 CFO의 책임을 떠안고 있습니다.

Mynaric (NASDAQ:MYNA) a annoncé le départ volontaire du CFO Stefan Berndt von-Bülow pour des raisons personnelles, effectif depuis la semaine dernière. Von-Bülow, qui a rejoint Mynaric en 2018 et est devenu CFO en 2020, a apporté des contributions significatives à la stratégie financière, aux opérations et aux relations avec les investisseurs de l'entreprise. Il a joué un rôle important dans plusieurs levées de fonds, le financement par emprunt et l'introduction en bourse de Mynaric sur le Nasdaq en novembre 2021.

Le CEO Mustafa Veziroglu et le CTO Joachim Horwath ont salué le leadership de von-Bülow dans la transformation de Mynaric en un fournisseur leader de technologies de communication optique en espace libre. L'entreprise a lancé une recherche mondiale pour un nouveau CFO, Veziroglu et Horwath assumant temporairement les responsabilités de CFO.

Mynaric (NASDAQ:MYNA) gab die freiwillige Abberufung von CFO Stefan Berndt von-Bülow aus persönlichen Gründen bekannt, die seit letzter Woche wirksam ist. Von-Bülow, der 2018 zu Mynaric kam und 2020 CFO wurde, trug maßgeblich zur finanziellen Strategie, den Abläufen und den Investorenbeziehungen des Unternehmens bei. Er spielte eine wichtige Rolle bei mehreren Kapitalerhöhungen, der Schuldenfinanzierung und dem Nasdaq-Listing von Mynaric im November 2021.

CEO Mustafa Veziroglu und CTO Joachim Horwath lobten von-Bülows Führungsstärke bei der Transformation von Mynaric zu einem führenden Anbieter von Technologien für optische Kommunikation im freien Raum. Das Unternehmen hat eine globalen Suche nach einem neuen CFO gestartet, wobei Veziroglu und Horwath vorübergehend die CFO-Verantwortung übernehmen.

Positive
  • Successful Nasdaq listing in November 2021
  • Transformation into a leading supplier of free space optical communications technology
  • Secured capital for innovation and product improvement
  • Achieved significant financial and operational milestones
Negative
  • Departure of experienced CFO Stefan Berndt von-Bülow
  • Potential leadership gap during CFO transition period

MUNICH, GERMANY / ACCESSWIRE / August 20, 2024 / Today Mynaric (NASDAQ:MYNA)(FRA:M0YN) announces the voluntary departure of CFO Stefan Berndt von-Bülow for personal reasons, effective last week. Berndt von-Bülow has been with Mynaric since 2018 and assumed the role as CFO in 2020. As CFO, Berndt von-Bülow made significant contributions to the company's financial strategy and operations, investor relations, several capital raises, significant debt financing, and, particularly Mynaric's listing on Nasdaq in November 2021, during a time of significant growth and transformation.

"Stefan has been a key member of the management team, and we are grateful for his contributions," said Mustafa Veziroglu, Mynaric CEO. "Under Stefan's leadership, Mynaric transformed from a start-up company to a leading supplier of free space optical communications technology to both government and commercial organizations. We wish him the best in his future endeavors."

"Stefan understood the importance of securing capital allowing us to innovate and improve our free space optical communications technology and products," said Joachim Horwath, CTO and founder of Mynaric. "With his financial instinct, we were able to invest in the infrastructure and capabilities to develop and manufacture industry-leading laser communications terminals to meet the increased market demand."

"On behalf of the entire supervisory board, I extend our deepest gratitude to Stefan for his dedication to Mynaric," said Bulent Altan, Chairman, Mynaric Supervisory Board. "Stefan played a critical role as a member of the management team during a pivotal time as we achieved significant financial and operational milestones."

Mynaric has initiated a global search for a new CFO. In the interim, the two remaining members of the management team, Mustafa Veziroglu and Joachim Horwath, will assume the responsibilities of the CFO.

About Mynaric

Mynaric (NASDAQ: MYNA)(FRA: M0YN) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C. For more information, visit mynaric.com.

Company: Mynaric AG
Bertha-Kipfmüller-Str. 2-8
81249 München
Germany
Phone: +49 8105 7999 0
E-mail: comms@mynaric.com
www.mynaric.com

SOURCE: Mynaric AG



View the original press release on accesswire.com

FAQ

Why did Mynaric's CFO Stefan Berndt von-Bülow leave the company?

Stefan Berndt von-Bülow voluntarily left Mynaric (NASDAQ:MYNA) for personal reasons, effective the week before the announcement on August 20, 2024.

What were Stefan Berndt von-Bülow's main contributions to Mynaric (MYNA)?

As CFO, von-Bülow contributed significantly to Mynaric's financial strategy, operations, investor relations, capital raises, debt financing, and led the company's Nasdaq listing in November 2021.

Who will take over CFO responsibilities at Mynaric (MYNA) after von-Bülow's departure?

In the interim, CEO Mustafa Veziroglu and CTO Joachim Horwath will assume CFO responsibilities while Mynaric conducts a global search for a new CFO.

When did Stefan Berndt von-Bülow join Mynaric (MYNA) and become CFO?

Stefan Berndt von-Bülow joined Mynaric in 2018 and assumed the role of CFO in 2020.

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