Charles Fränkl named ClickandBuy CEO

Source: Firstgate

The supervisory board of the Swiss company Firstgate Holding AG, operator of ClickandBuy, the international internet payment service, announces the immediate appointment of Charles Fränkl to the management team as ClickandBuy's new CEO.

Norbert Stangl, ClickandBuy's founder, will continue to help shape and form the strategic focus of the corporate group in close coordination with Charles Fränkl.

"As CEO, Charles Fränkl will develop the group's strategy together with the supervisory board and is responsible for its transnational implementation at operational level by the respective group company management teams. In Charles Fränkl we are happy to have gained a recognized leadership personality who will lead ClickandBuy to the next stage of corporate development", says Norbert Stangl, President of the Supervisory Board.

"The continuing boom in the e-commerce market, our high double-digit growth, and the international expansion of ClickandBuy present us with ever greater challenges. The realignment of our management team through the inclusion of outstanding leadership personalities such as Charles Fränkl and Michael Grodd marks the consistent continuation of our successful growth strategy", comments Achim Lederle, Vice President of the Supervisory Board and partner at the private equity company 3i.

In the Swiss manager Charles Fränkl (50), the former CEO of AOL Germany, ClickandBuy has gained a CEO who is one of the most experienced ITC experts worldwide, having already secured Michael Grodd, a top-ranking manager and former head of marketing and sales at Arcor, as its sales and marketing director in September 2008. Fränkl was also responsible for the global technical development of Vodafone and built up Vodafone Information Systems with its 1000-strong workforce. Previously Fränkl headed the business clients division at E-Plus. He was also the director of data and multimedia products at Swisscom.

Comments: (0)