Hamburg, April 4, 2013 – The Supervisory Board of XING is announcing that it has unanimously decided to renew the contract of Chief Financial Officer
Ingo Chu for another four years. Chu has already served as CFO for the leading professional social network in German-speaking countries since 2009. There he is responsible for the areas of Controlling & Business Intelligence, Accounting & Tax, Investor Relations, and Legal.
Neil Sunderland, chairman of the Supervisory Board at XING AG, commented: “We would like to thank Ingo Chu for his successful work during his last term of office. We are delighted to have him on board for another four years so that he can help XING continue to grow.”
Ingo Chu commented: “I am very much looking forward to another four years at XING. We are in an excellent position. Current online and labor market trends are also opening up a lot of good opportunities for XING. We intend to double our revenues by 2016.”
XING is the social network for business professionals. Around 13 million members worldwide – over 6 million of whom are based in German-speaking countries – 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. The acquisition of kununu GmbH, the leading platform for employer reviews in German-speaking countries, allows XING to extend its position as the social recruiting market leader. Please visit
www.xing.com for more information.