AND further strengthens Supervisory Board
(Thomson Reuters ONE) -
Supervisory Board nominates Sean Fernback (former CEO of HERE) and Kees Molenaar
Capelle aan den IJssel, the Netherlands - 24 May 2017 - AND is delighted to
announce the nomination of Sean Fernback and Kees Molenaar to its Supervisory
Board. Upon confirmation by the AGM, the Supervisory Board of AND will expand
from three to five members. Mr. Westerhof will resign as Supervisory Board
member at the end of his current term at 30 December 2017.
Sean Fernback has more than 10 years' executive experience in the mapping,
location technology and navigation industry including both Consumer and
Automotive sectors. During 2006 - 2013 he has worked for TomTom as Vice
President Hardware Engineering and Senior Vice President Engineering & Product
Development. In 2014 he joined HERE as Senior Vice President Consumer and was
appointed interim CEO in 2015. He led the divesture of HERE, which was
subsequently acquired by BMW, Daimler and Audi in December 2015. Sean is
currently board member of Mapcode Foundation.
Kees Molenaar has broad experience with Dutch listed companies, mainly from an
investment perspective and is familiar with the related governance practices. In
the period 2013 - 2014 he has been active as a supervisory board member at HES
Beheer, then a public company listed at Euronext Amsterdam and subsequently as
CEO. In addition to HES Beheer, Kees has held different advisory and board
positions for Delta Lloyd Investment funds, ING Barings, Kempen & Co. and
Asterix Europe Fund. Kees is currently member of the Supervisory Board of Kempen
beleggingsfondsen and Tradewind equity fund.
Rob Westerhof, chairman of the AND Supervisory Board: "I am delighted with the
announcement of these nominations. Sean Fernback is a true industry expert and
brings a wealth of experience and in-depth knowledge of the mapping, navigation
and location spaces. Kees Molenaar has a broad experience in advisory boards and
is very familiar with the Dutch corporate governance model. I am certain that
they will be of great benefit to the functioning of the Supervisory Board."
The term of Mr. Westerhof ends on 30 December 2017. Mr. Westerhof has decided
that this will be his last term and will stop as a member of the Supervisory
board at 30 December 2017. Mr. Westerhof has served eight years as a member of
the Supervisory Board of AND. The Supervisory Board has decided that after his
resignation the Supervisory board will reduce from five to four members. The
Executive and Supervisory Board are grateful for his many years of expert
involvement at AND.
Provided that the proposed nomination will be adopted by the Extraordinary
General Meeting, to be held on 7 July 2017, the Supervisory Board will consist
of Rob Westerhof (Chairman), Maarten Douma, Barry Glick and Sean Fernback and
Kees Molenaar (as of the date of Extraordinary General Meeting).
This is an English translation of the Dutch press release. In the event of any
disparity between the Dutch original and this translation, the Dutch text will
prevail.
This press release contains inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation
Note for editor, not for publication.
For further information, please contact Hugo van der Linde on 0031-10-8851200 or
go to www.and.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AND International Publishers via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 24.05.2017 - 14:34 Uhr
Sprache: Deutsch
News-ID 544381
Anzahl Zeichen: 4113
contact information:
Town:
Capelle a/d Ijssel
Kategorie:
Business News
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