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Hamburg, September 6, 2012 –
Timm Richter is to join the XING AG Executive Board as Chief Product Officer (CPO). Timm, 42, is currently CEO at TravelTainment GmbH and will take up his duties in the newly created position on the XING Executive Board as soon as possible, but by March 1, 2013, at the latest.
Prior to this post, Timm, who studied mathematics, was a consultant and project manager at McKinsey before moving to Tchibo where he held a number of positions before becoming head of the innovation and services department. In 2008 Timm moved to the tourism industry, initially as Managing Director at Berge & Meer Touristik GmbH. At the start of 2011 he became CEO of TravelTainment GmbH, the market leader of software solutions for travel agencies and online providers. With its dynamic packaging, advisory and booking software for travel agencies and online booking engines, TravelTainment is the first port of call for leading providers in the tourism industry.
Neil Sunderland, Chairman of the XING AG Supervisory Board, said that “Timm Richter is an experienced manager with an excellent understanding of how to link technical expertise with customer focus. We’re really happy to have him on board as he will make a substantial contribution to XING’s continued growth course by ensuring a constant focus on user needs.”
XING is the social network for business professionals. More than 12 million members worldwide use XING to boost their business, job, and career. XING is a platform where professionals from all kinds of different industries can meet up, find jobs, colleagues, new assignments, cooperation partners, experts and generate business ideas. Members can meet and exchange views in over 50,000 specialist groups, while also getting together at networking events. The platform is operated by XING AG, which was founded in Hamburg, Germany, in 2003, has been publicly listed since 2006, and listed on the TecDAX since September 2011. In December 2010, XING acquired amiando AG, a Munich-based company and Europe’s leading provider of online event management and ticketing. Please visit
www.xing.com for more information.