enviolo (Netherlands) - enviolo, known for its unique steplessshifting products, announces Mathias Seidler as new board member.

Mathias joined the enviolo board in December 2020 and is an entrepreneur with a track record inthe mobility market. His background includes companies such as Derby Cycle, Pon Holding, HeroGroup, Avocet Sports Ltd. In his term as CEO of Derby Cycle he developed the company tomarket leadership in Europe in the growing e-bike segment and IPO'ed it in 2011.

“enviolo is an incredible company: headquartered in Amsterdam with main operations in Europe,the United States and world-wide sourcing activities concentrating on a unique product innovation.Mastering this complexity in a time of high business dynamics is a challenge for everyone involved. Iam happy to help the board and the management to develop the company further with theexpertise I have gained over the years.” says Mathias Seidler.

David Hancock, CEO enviolo: “We are flattered and thrilled to have Mathias on our board ofdirectors. His experience, acumen, and intuition will greatly contribute to enviolo’s ambitions.”