GFT Technologies SE announced that Ulrich Dietz - in agreement with the Administrative Board and of his own accord - resigned as Managing Director and Chief Executive Officer (CEO) of the company with effect as of GFT's Annual General Meeting on 31 May 2017. The new CEO will be Marika Lulay, who was unanimously appointed by the Administrative Board, also with effect as of 31 May 2017. As Managing Director, she currently holds the position of Chief Operating Officer (COO) and is responsible for the operational business as well as the key areas technology and quality management.

In addition, the Administrative Board elected Ulrich Dietz as Chairman of the Administrative Board and Dr. Paul Lerbinger, the current Chairman, as Vice Chairman. To ensure a smooth transition at the top of the company, the next four months will be used for the handover of all business affairs. As of 31 May 2017 Marika Lulay and Dr. Jochen Ruetz as Chief Financial Officer (CFO) will jointly form the Board of Managing Directors.

Ulrich Dietz is and will remain the anchor shareholder of GFT Technologies SE. Marika Lulay has lead the operative business of GFT since 2002.