SRC Security Research & Consulting GmbH: Generation change at the top
After almost 25 years of successful management of the company by Gerd Cimiotti, the foundations are now being laid for a generational change in the management of SRC — and thus for the next 25 years. With effect from August 1, 2024, Markus Schierack will be appointed to the management board of SRC Security Research & Consulting GmbH, Bonn.
Gerd Cimiotti, who has been Managing Director of SRC since 2001, will actively support the generational change and the handover to Markus Schierack until 2025 and will then retire from management: “One of the biggest challenges for medium-sized companies is the successful generational change. At SRC, Markus Schierack is the next generation to take on overall responsibility for the company. I am very confident that Markus will not only lead SRC Security Research & Consulting GmbH into a good economic future, but will also keep the special values of our company alive,” explains Cimiotti.
The time frame was deliberately set to allow for a gradual transition. The SRC shareholders’ meeting would like to take this opportunity to thank Mr. Cimiotti for his trusting cooperation and his successful and tireless efforts to develop SRC into a leading IT security competence center.
Markus Schierack already knows SRC very well from his role as Chairman of the SRC Shareholders’ Meeting and will now join the Management Board on August 1. Markus Schierack is looking forward to the challenge that he wants to master together with the employees at SRC: “My heart beats for the company and I have already had the opportunity to get to know SRC well through my work as a representative of a shareholder of SRC Security Research & Consulting GmbH.”
The 43-year-old will be supported by Randolf Skerka, who will be responsible for SRC’s auditing business in the future. The current Head of Sales at SRC has been familiar with the company and the auditing business in particular for many years from various roles at SRC. “For me, teams with strong personalities are always important in order to master upcoming challenges. I am therefore grateful to have Randolf Skerka at my side as an extremely experienced sparring partner,” says future Managing Director Markus Schierack.
About SRC Security Research & Consulting GmbH
SRC is the joint competence center of the German banking industry for IT security. SRC was founded in 2000 with the support of the four credit industry publishers (Bank-Verlag GmbH, DG-Nexolution eG, S‑Payment GmbH and VÖB ZVD-Processing GmbH) and the leading associations of the German credit industry represented on the company’s advisory board (Bundesverband deutscher Banken e.V., Bundesverband der Deutschen Volksbanken und Raiffeisenbanken e.V., Bundesverband Öffentlicher Banken Deutschlands e.V., Deutscher Sparkassen- und Giroverband e.V.).
In April 2001, Gerd Cimiotti joined the company’s management and led the expansion of SRC into a leading IT security service provider in Europe. With more than 120 employees, SRC is not only one of the top addresses when it comes to technical innovations in payment, but SRC also offers a comprehensive IT security and audit program to support customers all over the world.
The plan for the future is to further expand both business areas and take advantage of the emerging market opportunities. The new management team led by Markus Schierack is an important prerequisite for this. The smooth transition in management from Gerd Cimiotti to Markus Schierack also ensures the necessary continuity.
