Ad.X settles succession: Moreno and Elvira Cavaliere take over
Werner Baumann is handing over his company, which he founded in 2000, to new owners. Ad.X, which specializes in the classifieds market, will be taken over by Moreno and Elvira Cavaliere effective January 1, 2020.
Change of baton in the management: Moreno Cavaliere takes over for Werner Baumann (from left to right).
Moreno and Elvira Cavaliere will act as members of the Board of Directors. Markus Bucher, Managing Director of Publiconnect for many years, will lead the company operationally as Managing Director from March 1, 2020 at the latest. Werner Baumann will be available to Ad.X in the future as Senior Advisor in a part-time mandate.
Werner Baumann: "As founder, owner and board member, I was able to shape an extremely exciting 19 years, due to the digital transformation and the change in the media. With Moreno Cavaliere, I can now present a successor who fully shares my high quality standards. As a member of the Board of Directors, he will contribute his many years of expertise in the media industry in the strategic area. Through my work as Senior Advisor, customers and partners will continue to benefit from my experience. Continuity is therefore assured."
