Change in management at cashgate AG

Zurich, 7 December 2016

There will be a change in top management at cashgate AG, a company of the Aduno Group. Helga Dancke, who has been Chief Executive Officer of cashgate since 2008, will retire from active professional life at the end of April 2017. Daniel Bodmer, Chief Sales Officer at the Aduno Group, will take over as CEO of cashgate on 1 May 2017.

Under the management of Helga Dancke, cashgate, the specialist for personal credits and leasing, grew into a responsible company offering fair financing and security services for private customers and distribution partners.

Martin Huldi, Chief Executive Officer of the Aduno Group, says, “We have been very fortunate in being able to count on the support of Helga Dancke in the past few years. We are looking back on a successful time of development and growth for cashgate. Thanks to organic growth and growth boosted by acquisitions, the company is very well positioned in the financing services segment.”

The Board of Directors of Aduno Holding appointed Daniel Bodmer as the new CEO of cashgate. The 52-year old Chief Sales Officer of the Aduno Group has been a member of the Executive Board since 2013, where he will in future represent cashgate. The chosen strategy will be consistently pursued further in collaboration with the management of cashgate. “We are happy about the appointment of the new cashgate CEO. A proven sales and marketing expert and experienced manager, Daniel Bodmer was our preferred candidate for the position as new CEO,” says Martin Huldi.

The Board of Directors and the Executive Board would like to thank Helga Dancke for her valuable contribution and look forward to working with Daniel Bodmer in the future.