StepStone ASA - Result of EGM

 

TIDMSTPS 
 
RNS Number : 2861B 
StepStone ASA 
23 October 2009 
 

StepStone ASA - Results of EGM 
 
 
23 October 2009 - The Board (the "Board") of StepStone ASA ("StepStone" or "the 
Company") confirms the following results of the Extraordinary General Meeting 
("EGM") held on 23 October 2009 in Oslo. This EGM was requested by Axel Springer 
AG as a consequence of its mandatory offer for shares of StepStone. Axel 
Springer currently owns in excess of 53% of StepStone shares. 
 
 
Commenting on the results of the EGM, Colin Tenwick, CEO of StepStone, said: 
"The new directors voted to the Board have extensive experience in international 
business, especially in digital economy companies. On behalf of my fellow Board 
members I am pleased to welcome them to StepStone. We have a strong business in 
a growing market and I look forward to working with them to increase our scale 
and success." 
 
 
Pat Chapman-Pincher, the new Chairman of StepStone added. "I would like to thank 
my predecessor, Jan Stenberg, for his long service as Chairman of StepStone - 
his contribution and leadership have been instrumental in bringing the company 
to its current position of strength. I am also very encouraged by the good 
financial results released yesterday which indicate that StepStone has a bright 
future. With the full backing of Axel Springer we have the opportunity to 
continue innovating and growing in a business sector - human capital management 
- that is increasingly a key focus for the best companies." 
 
 
Results of EGM on 23 October 2009: 
 
 
The following individuals were all elected or re-elected to the Board as 
ordinary directors of the Company: 
 
 
Pat Chapman-Pincher (Chairperson) 
Andreas Wiele (Deputy Chairperson) 
Colin Tenwick 
Jens Müffelman 
Julian Deutz 
Ulrike Handel 
Grete Tveit 
 
 
The following individuals were all elected or re-elected as alternate directors 
of the Company: 
 
 
Bjørn Stray as Alternate for Pat Chapman-Pincher, Colin Tenwick, and Grete 
Tveit. 
Alexandra Rullen and Alexander Schmid-Lossberg as Alternates for Andreas Wiele, 
Jens Müffelman, Julian Deutz and Ulrike Handel. 
 
 
The following individuals were all elected to the Board's Nomination Committee: 
 
 
Pat Chapman-Pincher (Chairperson) 
Ralph Büchi 
Birger Nergaard 
 
 
Of the above directors, Pat Chapman-Pincher, Colin Tenwick, Jens Müffelman, 
Grete Tveit, Julian Deutz and Alexandra Rullen are currently directors or 
alternate directors of StepStone and their details may be found on the StepStone 
website at http://www.stepstone.com/2008/?section=ir 
 
 
The new directors or alternate directors are all senior executives of Axel 
Springer AG companies and their summary biographical details are as follows: 
 
 
Directors: 
 
 
Andreas Wiele - Dr. Wiele is a member of the executive board of directors of 
Axel Springer AG, and President of Axel Springer Bild Division and Magazines. He 
holds a Master's degree in Law from the University of Salzburg, and is a board 
member of a number of German and French companies. 
 
 
Ulrike Handel - Dr. Handel is a member of the management board of WELT 
Gruppe/Berliner Morgenpost, Axel Springer AG. She holds a doctorate in media 
management from the University of Amsterdam, and has extensive experience in the 
publishing and online business worlds. 
 
 
Alternate director: 
 
 
Alexander Schmid-Lossberg - Dr. Schmid-Lossberg is currently Head of Corporate 
Human Resources at Axel Springer. He holds a doctorate in European Community Law 
and has extensive experience in senior management and HR positions in a number 
of major European companies. 
 
 
 
 
Contact : Ian Cole, CFO, 
Tel : + 44 7808 946404 
 
 
About StepStone 
StepStone helps businesses get increased performance from their people, helps 
them build and develop global talent pools, and helps people find new jobs that 
match their talents. StepStone was founded in Norway in 1996 and listed on the 
Oslo Børs (Ticker@ STP.NO) in 2000 and the London Stock Exchange (LSE: STPS) in 
2008. For more information see www.stepstone.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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