Bereavement at the German software provider SNP: The founder and boss of the company suddenly died. He was seen as the face of the group that he founded in 1994.
Bereavement at the software provider and IT consultant SNP Schneider-Neureither & Partner: The CEO and company founder Andreas Schneider-Neureither “died suddenly and unexpectedly” on the night of November 2nd at the age of 56, as the company announced on Monday in Heidelberg. The manager is reportedly leaving behind his wife and four children.
After the announcement, the SNP share slipped deeper into the red and lost eleven percent. Most recently, the company founder held 19 percent of the company, which has been listed in the SDax small value index since March.
Schneider-Neureither founded SNP in 1994
Schneider-Neureither was the face of the company that he founded in 1994 and now has more than 1,400 employees. The company has grown rapidly under his leadership. It sells software for digital transformation processes.
It was too early for follow-up debates, said a spokesman. However, SNP is well positioned in the management team. Last week, after an increase in sales in the third quarter, SNP confirmed its annual targets.