Juan Rodriguez and Stefan Schütze leave Finlab

The reason is a reorientation of the investor. However, the two board members are to be retained in the Finlab cosmos.

Board members Juan Rodriguez and Stefan Schütze will be relieved of their duties at Finlab AG at the end of the month. This was announced by the company in a statement. The supervisory board decided on the departure "in agreement with the management board." "I would like to thank the management board team Juan Rodriguez and Stefan Schütze for their successful work," said supervisory board chairman Axel Benkner. "They leave behind a very well positioned and financially sound company. Both are closely linked to Finlab's strategic direction towards becoming a leading early-stage investor for German fintech and blockchain startups and providing venture capital for their funding needs."

Rodriguez has been with Finlab since 2007, Schütze since 2013, and together they were responsible for the Frankfurt-based investment house's business for eight years. "With the planned realignment of Finlab AG, as well as Heliad Equity Partners, my colleague and I have decided to leave the company by mutual agreement in order to be able to implement the new strategy with new people," Schütze said in the statement. The reason for the change in strategy is the major shareholder Bernd Förtsch,who is said to have acquired about 29 percent of shares from Christian Angermayer in January 2021, as Börsengeflüster

"However, we remain connected to the fintech and especially the blockchain world and will dedicate ourselves to the management of funds in the future with our own company," Schütze announces. Together, they are to manage the FinLab EOS VC Fund.