Sanjay Brahmawar added: "The addition of Christian and Jim will provide our Supervisory Board with valuable insight and expertise as we grow through new partnerships, investments and acquisitions. Christian, Jim and Silver Lake have a history of working closely with management teams to create value by identifying and delivering on unique business opportunities in the software industry. It is a pleasure for me to express my personal thanks to Karl-Heinz Streibich for his significant contribution, both as the CEO of Software AG between and , and for his great leadership both as Chairman of the Supervisory Board and as a strong supporter of our Helix strategy.
In his role as a member of the Supervisory Board and Chairman of the Audit Committee he has contributed greatly with his leadership and vast business experience to our success. Software AG is a great business, and we have been admiring the Helix transformation over the last three years, as Sanjay and his talented leadership team have laid the foundation for growth through transforming the product portfolio, reigniting the culture and shifting the business to subscription and SaaS.
This success from the first phase of Helix leaves us extremely excited to partner with Sanjay and his team as Software AG accelerates its growth journey. We look forward to seeing its impact as the Group continues its transformation towards sustainable, profitable growth. I wish Sanjay and the entire team the best of luck for continued success in this new and exciting phase of the company. I also want to thank Ralf Dieter for his great contributions in the Supervisory Board and especially as the Chairman of the Audit Committee.
His vast business experience and invaluable advice were always assets for the Supervisory Board. Software AG intends to double down on key areas of its existing strategy, enabled by its now fully cloud-native Digital Business product portfolio and its increasingly modernized go-to-market and customer success engines.
Please pre-register to receive dial-in details at www. Please pre-register to receive dial-in details at Media Call. Software AG is the software pioneer of a truly connected world. For more information, visit www. And follow on LinkedIn and Twitter. He holds an M. He began his career at Boston Consulting Group, before assuming the role of Chief Operating Officer at Delta Air Lines where he drove international expansion while overseeing all aspects of operations.
From — , he served as President and CEO of Red Hat, while the business developed its offering of open-source software solutions. Jim holds an M. This announcement does not constitute an offer of, or a solicitation of an offer to purchase, securities of Software AG in the United States of America, Germany or any other jurisdiction.
Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, an offer in any jurisdiction. The securities described in this announcement will not be and have not been registered under the U. Securities Act of , as amended the " Securities Act " and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act.
This announcement may include forward-looking statements, estimates, opinions and projections based on the beliefs of Software AG management. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'believes,' 'estimates,' 'anticipates,' 'expects,' 'intends,' 'may,' 'will' or 'should' or, in each case, their negative, or other variations or comparable terminology.
These forward-looking statements include all matters that are not historical facts. Successfully executing its transition to a software product provider, reversing the decline in its international business an Der Akt Professional Individual.
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