28.11.2022 EXASOL AG  DE000A0LR9G9

EQS-News: EXASOL AG: Exasol Appoints Joerg Tewes as Chief Executive Officer 


EQS-News: EXASOL AG / Key word(s): Personnel
EXASOL AG: Exasol Appoints Joerg Tewes as Chief Executive Officer 

28.11.2022 / 19:06 CET/CEST
The issuer is solely responsible for the content of this announcement.

Exasol Appoints Joerg Tewes as Chief Executive Officer 

Experienced technology leader joins Exasol to drive the company’s next stage of growth

Nuremberg – November 28, 2022 – Exasol, the high-performance analytics database provider, today announced the appointment of Joerg Tewes as Chief Executive Officer (CEO), effective January 1, 2023. He succeeds Aaron Auld, who stepped down from the CEO post in September at his own request.

As a technology industry veteran with more than 30 years of experience in bringing innovative products to market and driving growth in the US and Europe, Tewes brings a unique perspective that will be instrumental to leading the global team while accelerating growth and innovation at Exasol.

Tewes spent the first 12 years of his career at data management software company Poet Holdings – today part of Actian Corporation – supporting the company through its early growth stages to its IPO at the German stock exchange. He relocated to the San Francisco Bay Area in 2007 and continued to pursue his career in general management roles at Avid Technology Inc. and Logitech International. In 2014, he joined video and augmented reality start-up Avegant as CEO, where he raised $50M in venture capital funding and strategically expanded the company’s product offerings. Since 2018, Tewes held senior leadership roles at Amazon, driving the development and commercialization of its tablet, e-reader and video communication technologies. Tewes is a member of Band of Angels, serving as an angel investor and mentor to technology start-ups. He lives in the San Francisco Bay area but will relocate to Germany in the first half of 2023.

“Joerg has a proven track record of building businesses and driving growth based on ambitious and innovative product roadmaps, both in Europe as well as the strategically important US market, while motivating and growing global teams regardless of the company’s size or stage. His experience and energy will make him a strong leader for Exasol,” said Volker Smid, Chairman of the Supervisory Board of Exasol. “I’m thrilled to welcome Joerg aboard, and I look forward to the company’s continued success under his leadership.”

“Data is the lifeline of every organization – but yet, so many businesses fail to gain valuable insights from the overabundance of data at their disposal. Exasol is in a unique position to solve this critical challenge, helping organizations get ahead of the competition,” Tewes explained. “There’s a lot of opportunity for Exasol in the market, which is what excites me most about joining this company. I’m ready to work closely with our talented team to continue innovating and delivering for our customers.”


About Exasol

Exasol was founded in 2000 with the vision to transform how organizations use data. Today, Exasol’s analytics database – the fastest in the world – is trusted by the world’s most ambitious organizations. With offices in several locations across the US and Europe, Exasol is committed to delivering flexible, scalable and powerful analytics solutions to customers wherever they are, in the cloud – public or private – or on-premises.

Exasol – the leading Performance Analytics Database powering insights from the world’s data.

PR Contact:

Exasol AG
Marija Perisic
Head of PR

Email: [email protected]





28.11.2022 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.

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Language: English
Company: EXASOL AG
Neumeyerstraße 22-26
90411 Nuremberg
Internet: www.exasol.com
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1499671

End of News EQS News Service

1499671  28.11.2022 CET/CEST


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Umsatzerlöse1 16,97 17,72 21,61 23,60 27,46 33,19 41,00
EBITDA1,2 3,53 1,77 -10,96 -29,94 -25,67 -12,16 -5,45
EBITDA-Marge3 20,80 9,99 -50,72 -126,86 -93,48 -36,64
EBIT1,4 -1,86 -0,10 -13,16 -34,10 -28,50 -14,92 -8,60
EBIT-Marge5 -10,96 -0,56 -60,90 -144,49 -103,79 -44,95 -20,98
Jahresüberschuss1 1,32 -0,63 -13,98 -34,33 -29,30 -15,01 -8,90
Netto-Marge6 7,78 -3,56 -64,69 -145,47 -106,70 -45,22 -21,71
Cashflow1,7 1,81 1,23 2,23 -11,21 -36,07 -14,28 -8,00
Ergebnis je Aktie8 0,06 -0,03 -0,63 -1,40 -1,20 -0,61 -0,33
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
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