Aroundtown SA announced that following the completion of the merger with TLG, Aroundtown finalized the decision for the members of the Management Body of Aroundtown, which will come into force during the second half of 2020. The Management Body will include Mr. Barak Bar-Hen as COO, Mr. Oschrie Massatschi as CCMO (Chief Capital Markets Officer) and Mr. Klaus Kr-gel as CDO (Chief Development Officer). Mr. Andrew Wallis has resigned from his position as Deputy CEO. Following Mr. Massatschi's nomination as CCMO, he will resign his duties as member of the board of directors. The Board of Directors will then consist of 6 members of which 3 are independent directors.