Christian Rummel is the new CFO at FlixMobility as of April 1, 2021

Summary

+ Many years of experience in senior financial positions at Siemens

+ Expertise in the capital market and international environment such as the USA and emerging markets will strengthen FlixMobility in its further development

+ André Schwämmlein, founder and CEO: "His entrepreneurial and team spirit as well as his expertise in international capital markets will strengthen FlixMobility and us as a team."

Munich/Berlin, March 17, 2021 - Christian Rummel will take over the position of Chief Financial Officer (CFO) at FlixMobility with the brands FlixBus and FlixTrain as of April 1, 2021. In this position, he will be responsible for all financial matters of FlixMobility Holding and its international local entities. With his many years of experience in senior positions at Siemens in the capital market as well as in international environments such as the U.S. and emerging markets like India, the financial expert will make a significant contribution to making green, smart and affordable mobility available to even more people worldwide. He succeeds Arnd Schwierholz, who is leaving FlixMobility after four years to move back home and be with his family.

Christian Rummel brings more than 25 years of finance and capital markets experience from the mobility industry as well as the energy and healthcare sectors. Most recently, he was Managing Partner for Siemens Portfolio Companies, prior to which he served as CFO and Executive Director for Siemens Ltd. India, based in Mumbai. During his career, he held various leadership and financial management positions for Siemens in India, the U.S. and at various German locations. His entrepreneurial thinking as well as his experience with innovative business models and products will strengthen FlixMobility in its further development.

"With Christian Rummel, we were able to win an experienced financial expert for us and look forward to a close personal and professional cooperation with him," says André Schwämmlein, founder and CEO of FlixMobility. "His entrepreneurial and team spirit as well as his expertise in international capital markets will strengthen FlixMobility and us as a team. I am convinced that together we will successfully master the tasks ahead of us."

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About FlixMobility

FlixMobility is a global mobility provider, offering new alternatives for convenient, affordable and environmentally-friendly travel via the FlixBus, FlixTrain and FlixCharter brands. Thanks to a unique business model and innovative technology, the startup has quickly established Europe's largest long-distance bus network and launched the first green long-distance trains in 2018 as well as a pilot project for all-electric buses in Germany and France. Since 2013, FlixMobility has changed the way people have traveled throughout Europe and created thousands of new jobs in the mobility industry. In 2018, FlixMobility launched FlixBus USA to bring this new travel alternative to the United States. From locations throughout Europe and the United States, the FlixTeam handles technology development, network planning, operations control, marketing & sales, quality management and continuous product expansion. The daily scheduled service and green FlixBus fleet is managed by bus partners from regional SMEs, while FlixTrain operates in cooperation with private train companies. Through these partnerships, innovation, entrepreneurial spirit and a strong international brand meet the experience and quality of tradition. The unique combination of technology start-up, e-commerce platform and classic transport company has positioned FlixMobility as a leader against major international corporations, permanently changing the European mobility landscape. Please visit our Corporate Newsroom for more information.