codecentric AG appoints Stefan Riedel as new board member

l. to r.: Lars Rückemann, Rainer Vehns and Stefan Riedel at the codecentric kickoff 2023

Many Years of Leadership and Sales Experience

Riedel (born 1967) looks back on a long career in IT consulting. Through various sales leadership positions at IBM, he gained national and international experience across the full spectrum of consulting. This included, among other things, overall responsibility for IBM's outsourcing business in Germany as well as the successful expansion of business with the insurance industry in Germany and Europe. From 2020 to 2022, as the responsible board member of adesso SE, he was able to grow the insurance business by double-digit percentages each year.

In addition, he is, among other things, a board member of the Advisory Boards at InsurLab Germany and Insure | NXT, and throughout his career has gained extensive experience in the startup scene and corporate governance.

"Making Customers Digital Pioneers Together"

Riedel is also looking forward to exciting challenges and productive collaboration at codecentric AG. He explains: "For me, codecentric represents the core values of being pragmatic, trustworthy, innovative and competent, and the ambition to make customers into digital pioneers – a strong, incredibly likeable and highly competent team with a modern culture, which is important to me in consulting. I am delighted to be part of this team and to contribute my experience and expertise."

Patric Fedlmeier, Chairman of the Supervisory Board of codecentric and Chairman of the Board at Provinzial Rheinland Versicherungen, sees Riedel's appointment as a major gain for the company: "codecentric is successful and has developed into an established, successful and recognized player in recent years. For us as the Supervisory Board, bringing Stefan Riedel on board is an excellent opportunity to expand codecentric's possibilities and network in line with our planned growth."

The two board members Rainer Vehns and Lars Rückemann are looking forward to working with their new colleague and are optimistic about the upcoming shared challenges. Rückemann explains: "With Stefan Riedel, we are strengthening our board team with a true sales professional who has outstanding leadership qualities and an enormous amount of experience in the IT consulting business. I am very much looking forward to shaping the future of codecentric together with Rainer Vehns and him."

Co-founder Rainer Vehns adds: "codecentric will continue to grow, wants to take on more responsibility in the market and with customers, and help shape the technological future of our clients. Stefan Riedel's strengths play directly into this – he is customer- and market-oriented, thinks in terms of interconnected ecosystems with partners, and also brings strong networking capabilities. He will give our company a real boost."