Corporate Governance

Our Supervisory Board, Executive Board & Principles

The Management Board and the Supervisory Board are the executive bodies of cyan AG and are responsible for managing the company’s agendas. The duties of the Board of Management and Supervisory Board and the cooperation between them are defined in the Articles of Association and the procedural rules adopted by the Supervisory Board.

The Board of Management is the management body of a limited company, and is responsible for the management and achievement of business policy objectives. The Supervisory Board decides on matters of fundamental importance and strategic direction as the controlling body.

Supervisory Board

Stefan Schuetze (born 1965)
Chairman of the Supervisory Board (end of term: Dec 2022)

  • Board member at Finlab AG (since 2013)
  • Chairman of the Supervisory Board of Coreo AG (since 2015)
  • More than 15 years of experience in the venture capital industry
  • Various management positions with listed venture capital companies in Berlin and Frankfurt

Volker Rofalski (born 1970)
Deputy Chairman (end of term: Dec 2022)

  • Entrepreneur
  • Chairman of the Supervisory Board of HELIAD Equity Partners GmbH & Co. KGaA (since 2000)
  • Head of the ECM business of a German investment bank (2005-2009)
  • Founder and Chairman of Tradecross AG (1999-2005)

Dr. Lucas Prunbauer  (born 1983)
Supervisory Board Member (end of term: Dec 2022)

  • Expert for international tax planning
  • Several years of experience in the field of structuring, corporate/ M&A
  • Various executive and/or supervisory functions in Switzerland, Germany, Austria etc
  • Lecturer for international tax law

Executive Board

Peter Arnoth (born 1962)
CEO (appointed until Dec 2020)

  • Resigning CEO of cyan AG – leaves cyan at his own request
  • CEO of cyan AG
  • CEO of cyan Security Group (2011-today)
  • Board member at E-Plus Mobilfunk (2006-2007)
  • Board member at Board T-Mobile Austria (1998-2006)

Frank von Seth (born 1970)
CEO (appointed from Jan 2021 until Dec 2022)

  • Designated CEO of cyan AG
  • CCO, AON Austria and Switzerland (2018-2020)
  • CEO, Euler Hermes Japan (2003-2006)

Markus Cserna (born 1979)
CTO (appointed until Dec 2022)

  • CTO of cyan AG
  • CTO of cyan Security Group (2011-today)
  • CTO and Founder of cyan Networks Software (2006-today)
  • CEO of cyan Research & Development (2006-2014)

Michael Sieghart (born 1974)
CFO (appointed until Dec 2022)

  • CFO of cyan AG
  • Partner and CFO Petrus Advisers (2010-2017)
  • Board member at Wiener Privatbank SE (2013-2014)
  • Managing Director Deutsche Bank AG (1997-2009)

Basics & Statutes

The internal rules for the corporate management of cyan AG, such as the procedural rules of the Executive Board and the Supervisory Board, are guided by good corporate governance and the recommendations of the German Corporate Governance Code. Particularly the cooperation between the Supervisory Board and the Executive Board is aimed at the continuous existence of the company and increasing the sustainable company value.

cyan AG is not subject to the legal obligations of issuing a declaration of compliance according to § 161 AktG (German Stock Corporation Act) to the German Corporate Governance Code or other legal obligations such as a declaration of corporate governance according to § 289 f HGB (German Commercial Code).

The basic prerequisite and benchmark for all business activities is having the confidence of investors, customers and employees in the high standard of corporate management at cyan AG and the associated sense of responsibility. Basics and elements of the system of corporate management and supervision of cyan AG are presented in the following.

Statutes of cyan AG
General information about the Management Board
General information about the Supervisory Board

Directors’ Dealings

cyan is a expanding innovation business.

With broaden extensive blue-chip client portfolio of MNOs and financial service providers, we are aiming at significant growth.

Contact our IR Service

We are here to help.