Rocket Internet says CFO Kimpel has resigned

He had helped oversee the group’s initial public offering and will leave effective at the beginning of October


Reuters August 20, 2018
CFO Peter Kimpel of Rocket Internet, a German venture capital group, attends the shareholder meeting in Berlin, Germany, June 23, 2015. PHOTO: REUTERS

BERLIN: Rocket Internet’s finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.

Ad sales surge at Google parent Alphabet, but so do costs

Kimpel, who joined Rocket from Goldman Sachs in 2014 and helped oversee the group’s initial public offering, will leave effective at the beginning of October, it said.

The news comes following a Bloomberg report last week that said Barclays had hired Kimpel to run its German operations.

Google pitches artificial intelligence to help unplug

Rocket said on Monday that Chief Executive Oliver Samwer would assume Kimpel’s responsibilities when he leaves.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ