Marco Santos to become CEO of GFT Technologies SE

EQS-News: GFT Technologies SE / Key word(s): Personnel
Marco Santos to become CEO of GFT Technologies SE

26.03.2024 / 17:29 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Marco Santos to become CEO of GFT Technologies SE
CFO Jochen Ruetz additionally to become Deputy CEO

Stuttgart, 26 March 2024 - The Administrative Board of GFT Technologies SE
today appointed Marco Santos as the new CEO of the digitalisation group. The
48-year-old will take office on 1 July 2024 and will initially lead GFT as
Co-CEO together with Marika Lulay until the end of the year. Marika Lulay
(61) will leave the Group Executive Board at the end of her contract on 31
December 2024. In addition to his current role, Jochen Ruetz (56), CFO of
GFT Technologies SE, will become Deputy CEO as of 1 January 2025.

Santos has held leading roles at GFT since 2011. He was initially the
Country Manager of GFT Brazil and then headed up GFT's Latin American
operations. In 2020, he also assumed responsibility for GFT USA and was
appointed to the GFT Group Executive Board. During this time he oversaw a
period of rapid growth especially of GFT Brazil. In 2023, he was promoted to
CEO at GFT Americas leading operations throughout North and Latin America.

Ulrich Dietz, Chairman of the Administrative Board of GFT Technologies,
said: 'Marco Santos is a guarantor of growth and innovation. He has proven
this time and again throughout his career at GFT, both in North and Latin
America. He has built strong teams and opened up new markets. He is
consistently among the first to use the potential of new technologies, such
as artificial intelligence, for the benefit of GFT and our clients.'

'I would like to thank the Administrative Board for their trust and look
forward to shaping the future of GFT Technologies as CEO,' says Marco
Santos. 'GFT's development in recent years shows the enormous potential of
our strong team with over 12,000 talents in 20 key markets. Our goal is
therefore clear, we are steering the company towards an exponential future.'

The Administrative Board has also appointed Jochen Ruetz, CFO of GFT, as
Deputy CEO. He has many years of capital market and business experience and
has been CFO of GFT Technologies SE since 2003. The Administrative Board
today extended Jochen Ruetz's contract once again until 31 December 2029.

'Over the past two decades, Jochen Ruetz has been a key figure in the
success and professionalism of GFT,' says Ulrich Dietz. 'His sound financial
expertise, leadership skills and strategic foresight are important
foundations for a new era of growth. He is therefore predestined to be
Deputy CEO.'

'I am delighted that Marco and Jochen will continue to develop GFT
together,' says Marika Lulay. 'I have been working very closely and
trustingly with both for many years. I therefore know that both live the
values of GFT and cultivate a management style that will motivate our teams
around the world to reach new heights of performance.'

Looking back on Marika Lulay's tenure and ahead to the future of GFT, Ulrich
Dietz said: 'Marika Lulay has shaped GFT for over 20 years, first as COO and
then as CEO. Together with our team, she has developed GFT into a company
that occupies a leading and recognised position worldwide. The successful
international expansion in particular is largely due to Marika Lulay's
strategy. The Administrative Board would like to thank her for her
unconditional commitment. She has set high standards for her successors.
With Marco Santos and Jochen Ruetz, we have found an excellent succession
plan that emphasises continuity and our ambitions for exponential growth. I
am sure that GFT will continue to develop successfully with the new team.'


Marco Santos has been appointed CEO of GFT.

Curriculum vitae Marco Santos

Marco Santos joined GFT in 2011. He was initially the Country Manager of GFT
Brazil, and then headed up GFT's Latin American operations. In 2020, he also
assumed responsibility for GFT USA and was appointed to the GFT Group
Executive Board. In 2023, he was promoted to CEO at GFT Americas leading
operations throughout North and Latin America.

He has deep knowledge of Artificial Intelligence, Next Generation Digital
Platforms, cloud modernisation, general management, professional services
and customer experience. His track record expands across multiple sectors,
with special attention to financial services and manufacturing.

With more than 28 years in the technology sector, since joining GFT in 2011,
Marco has helped transform clients' digital visions into tangible realities
- and in the process expand the company's operations within North and Latin
America. In his previous role as Head of GFT Brazil, for example, Marco was
responsible for starting up the operation in the market and growing its team
substantially.

Prior to joining GFT, Marco held executive positions at multinational and
national companies such as TATA Consultancy Services, Oracle, CPM Capgemini
and Organic Inc.

Marco is passionate about creating impact in the society through the
inclusion of disadvantaged people in the areas of STEM (Science, Technology,
Engineering, and Mathematics).

Marco has a Bachelor's Degree in Computer Science from Universidade de São
Paulo (USP), an MBA in International Business from FIA-USP (Brazil) and
multiple specialisations by the Massachusetts Institute of Technology (MIT),
the University of Illinois and by Singularity University.

GFT CFO Jochen Ruetz will take on the additional responsibility of Deputy
CEO.

Curriculum vitae Dr Jochen Ruetz

Since August 2003 Dr Jochen Ruetz has been GFT's Chief Financial Officer
(CFO), initially as a member of the Executive Board of GFT Technologies AG,
and since the change of legal form to GFT Technologies SE in August 2015 as
Managing Director and member of the Administrative Board. He is responsible
for finance, IT, human resources, legal, purchasing, audit, investor
relations and mergers & acquisitions.

Before joining GFT in September 2003, Dr Jochen Ruetz served for three years
as managing director of STRABAG BRVZ Bau-, Rechen- und Verwaltungszentrum
GmbH, which brings together all of the commercial activities of the STRABAG
Group. In this position, his responsibilities included group and project
management accounting, bookkeeping, information administration, finance, and
mergers and acquisitions. Before this, he was in charge of group management
accounting at STRABAG AG. Dr Jochen Ruetz started his career in corporate
development at Deutsche Bank AG in 1993.

Dr Jochen Ruetz completed a degree in business administration at the
University of Regensburg in 1994. He went on to receive his doctorate in
1997 from Cologne University through a part-time study programme.


This press release is also available for download via the GFT newsroom.

   Your contacts
   Press Dr Markus Müller Group Public           Investors Andreas Herzog
   Relations GFT Technologies SE                 Investor Relations GFT
   Schelmenwasenstraße 34 70567 Stuttgart        Technologies SE
   Germany +49 711 62042-344                     Schelmenwasenstraße 34
   (1)markus.j.mueller@gft.com Beatrice          70567 Stuttgart Germany
   Martin-Vignerte Group Public Relations GFT    +49 711 62042-383
   Technologies SE Schelmenwasenstraße 34        (1)Andreas.Herzog@gft.com
   70567 Stuttgart Germany +44 78 84187763       1.
   (2)beatrice.martin-vignerte@gft.com  1.       mailto:Andreas.Herzog@gft
   mailto:markus.j.mueller@gft.com 2.            .com
   mailto:beatrice.martin-vignerte@gft.com

About GFT - Shaping the future of digital business

GFT is a digital transformation pioneer. By leveraging next-generation
technologies, we enable clients to boost their productivity with intelligent
software solutions. We focus on Digital Finance, Enterprise AI & Data
Solutions, and Platform Modernisation.

GFT's strengths include deep technological excellence, a strong ecosystem of
partners, and industry expertise. We are agile@scale and boost digital
transformation for clients from the finance and insurance sectors, as well
as the manufacturing industry. GFT talents create, implement, and manage
software applications to enable innovative businesses while complying with
regulations.

With locations in 20 markets around the globe, GFT ensures proximity to its
clients. We draw on over 35 years of experience and a global team of over
12,000 determined talents. GFT provides them with career opportunities in
the most innovative areas of software engineering. The GFT Technologies SE
share is listed in the SDAX index of the German Stock Exchange (ticker:
GFT-XE).

www.gft.com
www.blog.gft.com
www.linkedin.com/company/gft-technologies
www.twitter.com/gft_tech


---------------------------------------------------------------------------

26.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   Language:       English
   Company:        GFT Technologies SE
                   Schelmenwasenstraße 34
                   70567 Stuttgart
                   Germany
   Phone:          +49 (0)711/62042-0
   Fax:            +49 (0)711/62042-301
   E-mail:         ir@gft.com
   Internet:       www.gft.com
   ISIN:           DE0005800601
   WKN:            580060
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1867713

End of News EQS News Service
---------------------------------------------------------------------------

1867713 26.03.2024 CET/CEST