AUSTRIACARD HOLDINGS (ACAG), an international applied technology group headquartered in Vienna and listed in the Athens and Vienna Stock Exchanges under the symbol ACAG, yesterday announced changes to the two corporate boards.
In the supervisory board meeting that took place yesterday, the Chairman of the management board and main shareholder of AUSTRIACARD HOLDINGS AG (the «Company»), Mr. Nikolaos Lykos, has declared that he will run for election to the supervisory board in the upcoming annual general meeting of the Company on 24 June 2025. Thus, he will resign from his position as Chairman of the management board with effect as of the end of the annual general meeting on 24 June 2025.
Mr. Nikolaos Lykos commented: “I have decided to step down as Chairman of the management board and run for election to the supervisory board at the Company’s annual general meeting on June 24, 2025. This decision is motivated by the fact that the Company has already achieved to expand into a successful international business Group of applied technology over the past years. I have great appreciation for the management team and I am confident that it will continue applying successfully the strategic plans of the Group without my involvement. It is now time for me to elevate my focus and work alongside with the supervisory board members in order to set the new strategies of the Group; i firmly believe that well-run companies are management-centric, supported by an experienced and specialized supervisory board”.
