Board of Management changes

Board of Management changes

ID: 42860

(Thomson Reuters ONE) -


The Supervisory Board of Draka Holding N.V. ("Draka") announces that Mr. L.H.
Koo, Chief Operating Officer and member of the Board of Management, has decided
to leave the Company on 1 January 2011.

On joining Draka, Mr. Koo was tasked with initiating operational and
organisational improvements to be carried through to implementation by the
strengthened Company's leadership team. Now that this objective has been
achieved, Mr Koo has decided to move on to a new post outside Draka.

The Supervisory Board intends to appoint a Chief Financial Officer to
join Draka's Board of Management, which will then consist of Mr. F. F. Dorjee
(CEO) and the new CFO.


NOTE FOR EDITORS: for more information, please contact:
Draka Holding N.V.:
Michael Bosman - Director Investor Relations   +31
20 568 9805;michael.bosman(at)draka.com


Pdf version of the press release

Pdf versie van het persbericht


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|2010 Financial calendar (provisional) |
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|Publication of trading update for the |Thursday, 11 November 2010 (before |
|second half of 2010 |start of trading) |
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Company profile
Draka Holding N.V. ('Draka') is the holding company of a number of operating
companies that are active worldwide in the development, production and sale of




cable and cable systems. Draka's activities are divided into three groups:
Energy & Infrastructure, Industry & Specialty and Communications.

Within these three groups, the activities are organised into divisions. Energy &
Infrastructure consists of the Europe and Asia-Pacific divisions; Industry &
Specialty consists of the Automotive & Aviation, Elevator Products, Cableteq
USA, Industrial and Offshore divisions and the Communications Group comprises
the Telecom Solutions, Multimedia and Specials, Americas and Optical Fiber
divisions.

Draka has 68 operating companies in 31 countries throughout Europe, North and
South America, Asia and Australia. Worldwide, the Draka companies employ some
9,400 people. Draka Holding N.V.'s head office is in Amsterdam. In 2009, Draka
reported revenue of ? 2.0 billion and net income of ? 48.3 million (excluding
non-recurring items).

Draka Holding N.V. ordinary shares and subordinated convertible bonds are listed
on NYSE Euronext Amsterdam. The company is included in the Next150 index and the
AMX index (Amsterdam Midkap index). Options on Draka shares are also traded on
the NYSE Euronext Amsterdam Derivative Markets.

More information on Draka Holding N.V. can be found at www.draka.com.


[HUG#1445467]








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: Draka Holding NV via Thomson Reuters ONE


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Datum: 20.09.2010 - 17:45 Uhr
Sprache: Deutsch
News-ID 42860
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contact information:
Town:

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Diese Pressemitteilung wurde bisher 149 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Board of Management changes"
steht unter der journalistisch-redaktionellen Verantwortung von

Draka Holding NV (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Draka Holding N.V.: Trading Update 2009 ...

Operating result of ? 74-79 million and net result of ? 40-45 million expected in 2009 (both excluding non-recurring items) Sustained focus on cost reductions and cash flow generating capacity * Volume ...

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