CompuGroup Medical extends contract with CFO Michael Rauch ahead of schedule by a further five years 

CompuGroup Medical SE & Co. KGaA (CGM), one of the world‘s leading e-health providers, informs that the Administrative Board of CompuGroup Medical Management SE today has decided to extend the contract of Chief Financial Officer (CFO) Michael Rauch by a further five years until July 31, 2027. 

Diplom-Kaufmann (Univ.) Michael Rauch, MBA, LL.M took over as CFO of CompuGroup Medical SE on August 1, 2019 and was – amongst other achievements – instrumental in the process to convert the company into CompuGroup Medical SE & Co. KGaA (partnership limited by shares). During his first tenure CGM advanced from SDAX into MDAX in September 2019 and has completed three of the four largest acquisitions in its history. 

Frank Gotthardt, Founder and Chairman of the Administrative Board, says: "Michael Rauch plays a key role in our Management Board and has contributed significantly to the success of CompuGroup Medical in recent years. This year CGM will surpass the 1 billion Euro mark in revenues for the first time which reflects more than a 40 percent increase in revenues since 2018. In the name of the Administrative Board I would like to thank Michael for his great dedication and commitment to CGM’s success, we are looking forward to continuing our collaboration in the years to come." 

Dr. Dirk Wössner, CEO, adds: "I am very happy to continue working closely with Michael and to continue CGM’s growth story. Michael is a very versatile CFO and a great leader. Besides safeguarding the financial strength of CGM and having a transparent and close dialogue with our investors, he also skillfully balances strategic direction with a sharp eye on the details of company performance and results. Michael is an ideal sparring partner for me and the entire leadership team." 

Michael Rauch, CFO, emphasizes: "I would like to thank Frank Gotthardt, Dirk Wössner und the Administrative Board for their continued trust. My clear priority remains long term growth at a high profitability and with a dedicated focus on cashflow, realizing the benefits of further digitization in healthcare and also in future generating additional value for our customers, employees and shareholders."