Zimory Appoints New CEO and Fortifies Management Team

Effective April 9, 2014, Dr. Randolf Roth (44) is becoming the new CEO of Zimory, the Berlin-based specialist for cloud management software. In addition, Josef Glöckl-Frohnholzer is strengthening Management Team as CSO.

Dr. Roth worked since 1999 at the Deutsche Börse and was responsible for various strategic projects in London, Chicago, and also at company headquarters in Frankfurt. Most recently, he was Executive Director heading up the Market Structure division at the Eurex derivatives exchange, a subsidiary of the Deutsche Börse Group. Since 2011, Dr. Roth has been a member of the Supervisory Board of the European Energy Exchange (EEX) in Leipzig and since 2013 a member of the Supervisory Board of the Deutsche Börse Cloud Exchange. His move to Zimory underscores the commitment of the German stock exchange to the technology firm Zimory. Both companies are working jointly towards launching the neutral marketplace for cloud infrastructure, the Deutsche Börse Cloud Exchange.

The management team at Zimory is also being strengthened by Josef Glöckl-Frohnholzer. As industry expert, he previously served for over ten years as Managing Director at BCC Business Communication Company GmbH, after holding several executive positions at Siemens Industrial Solutions & Services. Glöckl-Frohnholzer will be responsible for the area of Sales & Marketing at Zimory.

"We are pleased that we were able to enlist two experienced executives for Zimory. With their help, we will be further developing our company strategically in the months to come, and thus continue to be a key player in shaping the cloud computing market", says Maximilian Ahrens, Chief Product Officer and co-founder of Zimory. "Their professional expertise and many years of experience are of tremendous value to our company, especially in the development and launch of our new cloud orchestrating software in 2014."

"The cloud computing market has fast growth potential and is definitely one of today's most exciting markets. There is still great potential and latitude for creativity", says Dr. Randolf Roth about his task ahead. "I look forward to this challenge and would like to play my part in strengthening and further expanding Zimory's position in the market with innovative products."

"Zimory is already an indispensable player in the cloud computing market - thanks to innovative projects, as well as creative and dedicated employees. I'm very pleased to now be a part of this dynamic enterprise", says Josef Glöckl-Frohnholzer. "Zimory has a clear growth strategy that is now up to us to implement and expand. I am certain that we will be successful in making our mark in the marketplace."

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