KItron ASA recruits Israel Loasada Salvador as Chief Operating Officer (COO)

KItron ASA recruits Israel Loasada Salvador as Chief Operating Officer (COO)

ID: 204514

(Thomson Reuters ONE) -


(2012-11-16) With effect from February 1 2013 Israel Losada Salvador will join
Kitron ASA with total responsibility for Manufacturing, Supply chain and
Quality.

Mr. Salvador has extensive experience from operations within the Oil&Gas sector
and has a Masters degree in Finance & Administration from NHH (Norway) and a
Master's degree in Engineering from the Polytechnic University of Valencia. He
is 38 years of age, born and raised in Valencia, and lives in Asker.

His last assignment was as Supply Chain Manager with one of Schlumberger's
Product Groups.
"Mr. Salvador will play a key role in our efforts to optimize our supply chain
across the group.  This is a new position in Kitron which we believe will be
important to drive performance improvement.  Our ambition to reduce inventory by
NOK 100 million over the next year, is one example of an area where we target
improvement," says Jørgen Bredesen, CEO Kitron ASA.

For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, tel. +47 48 25 25 84 or e-mail
jorgen.bredesen(at)kitron.com

Kitron is one of Scandinavia's leading electronics manufacturing services
companies for the Defence, Energy/Telecoms, Industry, Medical equipment and
Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania,
Germany, China and the United States. Kitron had revenues of about NOK 1.7
billion in 2011 and has about 1,200 employees. www.kitron.com

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and




originality of the information contained therein.

Source: Kitron ASA via Thomson Reuters ONE
[HUG#1658702]




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 16.11.2012 - 11:00 Uhr
Sprache: Deutsch
News-ID 204514
Anzahl Zeichen: 2270

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