Mynaric Announces Peter Müller-Brühl as New Chair of Supervisory Board
Rhea-AI Summary
Mynaric, a leader in laser communications products, has announced key leadership changes in its Supervisory Board. Peter Müller-Brühl, who has served on the board since July 2018, has been elected as the new Chair effective April 24, 2025. He succeeds Bulent Altan, who stepped down from both his Chair position and board membership on April 1, 2025.
The company also appointed Dr Manfred Krischke as Vice-Chair of the Supervisory Board. The current board composition includes:
- Peter Müller-Brühl (Chair)
- Dr Manfred Krischke (Vice-Chair)
- Margaret Abernathy
- Arndt Rautenberg
Müller-Brühl, previously serving as Vice-Chair, expressed his commitment to ensuring strong governance and building a resilient organization during Mynaric's transformation phase. The company, which specializes in industrialized, cost-effective, and scalable laser communications products, trades under FRA:M0YN and OTC:MYNAY.
Positive
- Smooth leadership transition with internal appointment of experienced board member Peter Müller-Brühl as Chair
- Continuity in governance as former Vice-Chair steps into Chair role
- Maintained full board composition with no vacant positions
Negative
- Departure of previous Chair Bulent Altan could signal potential strategic shifts
- Leadership changes during company's 'substantial transformation' period may create uncertainty
Peter Müller-Brühl elected Chair of Mynaric's Supervisory Board, with Dr Manfred Krischke elected Vice-Chair
MUNICH, DE / ACCESS Newswire / April 29, 2025 / Mynaric (FRA:M0YN)(OTC:MYNAY), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced that existing Mynaric Supervisory Board member Peter Müller-Brühl has been elected Chair of the Supervisory Board, effective from April 24, 2025.
Müller-Brühl, who has been a member of the company's Supervisory Board since July 2018, replaces Bulent Altan who resigned as Chair and member of the Supervisory Board on April 1, 2025.
The Supervisory Board also elected Dr Manfred Krischke as Vice-Chair of the Supervisory Board.
"Having served as Vice-Chair, I am honored to take on the role of Chair at such a pivotal moment in Mynaric's journey. As the company undergoes substantial transformation, I am confident in our collective ability to ensure strong governance and build a resilient, forward-looking organization. I look forward to continuing our close collaboration within the Board and with the leadership team as we support Mynaric's next chapter." Peter Müller-Brühl, Chair of the Supervisory Board
The Supervisory Board consists of:
Peter Müller-Brühl, Chair of the Supervisory Board
Dr Manfred Krischke, Vice-Chair of the Supervisory Board
Margaret Abernathy
Arndt Rautenberg
More details on the Supervisory Board are available on the Mynaric website: https://mynaric.com/company/management/
About Mynaric
Mynaric (NASDAQ:MYNA)(FRA:M0YN) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with an additional location in Los Angeles, California.
For more information, visit mynaric.com.
Company: |
| Mynaric AG |
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| Bertha-Kipfmüller-Str. 2-8 |
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| 81249 München |
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| Germany |
Phone: |
| +49 8105 7999 0 |
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SOURCE: Mynaric AG
View the original press release on ACCESS Newswire
FAQ
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