Imtech: Gerard van de Aast intended new CEO of Royal Imtech N.V.

Imtech: Gerard van de Aast intended new CEO of Royal Imtech N.V.

ID: 176616

(Thomson Reuters ONE) -


This press release was sent this morning at 7.30 CET, but did not reach the
wires. We apologize for the delay.

Gouda - The Supervisory Board of Royal Imtech N.V. (IM-AE, technical services
provider in and outside Europe) announces its intention to appoint Gerard J.A.
van de Aast (55) as CEO of Royal Imtech N.V. as of April 2013. Mr. van de Aast
is currently employed as CEO of VolkerWessels (Koninklijke Volker Wessels Stevin
NV). This appointment provides for the succession of René J.A. van der Bruggen
(64) who, as announced previously, will retire in April 2013. Gerard van de Aast
will join the Board of Management of Royal Imtech N.V. as of 1 January 2013 once
the shareholders have appointed him at an Extraordinary General Meeting of
Shareholders to be held later this year. The Central Works Council has issued a
positive advice regarding this intended appointment.
Rudy M.J. van der Meer, chairman of the Supervisory Board of Royal Imtech N.V.:
'We intensively worked on finding the right successor for René van der Bruggen,
who led Imtech in an outstanding way for over 25 years of which the last 10
years as CEO. Gerard van de Aast, born and raised in Twente, the Netherlands, is
an excellent successor. He has been the CEO of VolkerWessels since 2009.
VolkerWessels is, to a certain extent, comparable to Imtech in both scale (2011:
16,000 employees, 4.7 billion euro revenue), international orientation and in
its decentralised organizational structure. Gerard van de Aast has a broad
background and experience working in the Netherlands, the UK, Germany and the
USA. He was CEO of Reed Business and an Executive Board member of publicly
listed Reed Elsevier and also served as a Supervisory Board member of Océ. Prior
to that he held various management positions in internationally-active companies
such as Compaq, Digital and Philips and ran his own software business. In




addition to experience of the stock exchange-listed and international business
environment he also has extensive knowledge of ICT - one of Imtech's core
competencies. In Gerard van de Aast as a person we recognise the ambition,
perseverance and entrepreneurial spirit that are the characteristics of Imtech.'

No change to the growth strategy 2015 and the decentralised structure
Under the leadership of the new CEO, Gerard van de Aast, Imtech will continue
its ambitious growth strategy. With René van der Bruggen Imtech has grown
rapidly into a successful technical services provider, active both in and
outside Europe, with over 29,000 employees and revenue of more than 5 billion
euro in 2011. Imtech's success is based partly on strong market positions in
many countries and technology markets with a decentralised organisation that
operates close to its customers through 500 offices in Europe and 100 offices
elsewhere in the world. Imtech wants to continue this approach and its past
growth track record. The strategic growth plan, which aimes at a revenue level
of 8 billion euro in 2015 with an operational EBITA margin between 6% and 7%,
and the decentralised structure will, therefore, remain unchanged. As in the
past the foreseen growth will be equally spread over organic growth and through
acquisitions. Imtech has adequate funds available to finance its strategic
growth plan.

2009 - present Executive Chairman of the Board of Management VolkerWessels

2000 - 2009 CEO Reed Business and Executive Board member Reed Elsevier
NV/Plc

1998 - 2000 Vice President and General Manager Compaq Enterprise Products &
Services Europe, Middle East and Africa

1992 - 1998 Vice President Digital Equipment Corp.

1988 - 1992 International Business Development Manager Philips Information
Systems

1984 - 1988 Managing Director and co-founder W+B Software

1980 - 1984 Business Development and Sales Manager Technosoft

1979 - 1980 Systems Analyst Witteveen & Bos


2006 - 2010 Member Supervisory Board Océ NV



For more information
Media: Analysts & investors:

Mark Salomons Jeroen Leenaers
Company Secretary and General Counsel Manager Investor Relations
T: +31 182 54 35 14 T: +31 182 54 35 04
E: mark.salomons(at)imtech.eu E: jeroen.leenaers(at)imtech.eu
www.imtech.eu www.imtech.eu



Imtech profile
Royal Imtech N.V. is a European technical services provider in the field of
electrical services, ICT and mechanical services. This combination enables
Imtech to offer total technological solutions. Imtech achieves an annual revenue
of over 5.1 billion euro with over 29,000 employees. Imtech occupies strong
positions in the buildings and industry markets in the Netherlands, Belgium,
Luxembourg, Germany, Austria, Eastern-Europe, Sweden, Norway, Finland, the UK,
Ireland, Spain and Turkey as well as in the European ICT and traffic markets and
in the global marine market. Imtech serves around 23,000 customers. Imtech
offers added-value in the form of integrated and multidisciplinary total
solutions that lead to better operating processes and a higher return for
customers and, in their turn, customers' customers. Imtech also offers solutions
that contribute towards a sustainable society, for example, green technology and
technical solutions in the area of energy, the environment, water and mobility.
The Imtech share is listed on the NYSE Euronext Stock Exchange Amsterdam where
Imtech is included in the Midkap Index. The Imtech share is also included in the
Dow Jones STOXX 600 index.



Pdf press release:
http://hugin.info/130755/R/1635488/525381.pdf



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Source: Imtech via Thomson Reuters ONE
[HUG#1635488]




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Bereitgestellt von Benutzer: hugin
Datum: 22.08.2012 - 10:18 Uhr
Sprache: Deutsch
News-ID 176616
Anzahl Zeichen: 6845

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