08/17/2007 | XING

Press release: XING AG expands Management Board

•    Burkhard Blum appointed as third Management Board member
•    Strategic corporate development intensified
Hamburg, August 17, 2007. The Management Board of XING AG (formerly OPEN Business Club AG; ISIN: DE000XNG8888) has been expanded to include a third member. The Supervisory Board appointed Burkhard Blum to the post in the executive committee with effect from August 16, 2007. As a Management Board member, the 37-year-old will be responsible for Legal Issues, Human Resources, Mergers & Acquisitions, as well as Corporate and Market Development. This appointment represents a move to intensify strategic corporate development at XING AG.  

Blum, who has held the post of Head of the Legal Division at XING AG since May 2006, will also be overseeing the integration of the Spanish networks eConozco and Neurona. He has already played a key role in the respective takeover processes and holds a management position in both subsidiaries.  

Before taking up his post at XING, Burkhard Blum worked as a Legal Adviser at Mobilcom AG in Rendsburg, Germany.

About XING:
XING makes your professional network an active part of your life. Far more than a directory of business contacts, XING enables its members to discover professional people, opportunities and privileges through its unique discovery capability and advanced contact management tools.

With the successful IPO of XING AG as the first Web 2.0 company to go public, XING AG has had a long-term impact on the social networking trend amongst professionals. By focusing on the target group 'business people worldwide', the company is able to offer tailored features, thereby making networking and contact management simpler. Besides Headquarters in Hamburg, XING AG is also represented with offices in Barcelona (eConozco, Neurona), Beijing and Zurich.
XING. Powering Relationships.