SimCorp A/S announced that Christian Kromann will succeed Klaus Holse as Chief Executive Officer, effective September 2, 2021. Christian has served as SimCorp Chief Operating Officer and member of the Executive Management Board since August 2019. Prior to being named CEO in September, Christian Kromann has served the past two years as Chief Operating Officer bringing extensive international experience, including North American focus, executional strength, and commercial insight from within the industry to SimCorp. To further align with the interests of shareholders and strengthen retention incentives, the Board of Directors will propose to the shareholders to offer Christian Kromann Restricted Stock Units (RSUs) of DKK 10m vesting 1/3 after 3 years, 1/3 after 4 years and 1/3 after 5 years conditional upon Christian Kromann's continued service and an increased investment in SimCorp shares by Christian Kromann of DKK 5m.