Draka Holding N.V.: Changes to the Board of Management

Draka Holding N.V.: Changes to the Board of Management

ID: 6461

(Thomson Reuters ONE) - The Supervisory Board of Draka Holding N.V. announces that Mr. FrankDorjee will be appointed as Chief Executive Officer and Chairman ofthe Board of Management with effect from 1 January 2010.Mr. Dorjee will succeed Mr. Sandy Lyons, a U.S. citizen, who hasadvised the Supervisory Board that he has decided it is time torepatriate his family to the U.S. and will step down 31 December2009. Mr. Lyons joined Draka in 2004 and was a member of the Board ofManagement as from September 2007.The Supervisory Board will nominate a Chief Operating Officer, whowill join the Board of Management.Amsterdam, 1 October 2009NOTE FOR EDITORS: for more information, please contact:Draka Holding N.V.:Michael Bosman - Director Investor RelationsT: +31 20 568 9805 / E: michael.bosman(at)draka.com+-------------------------------------------------------------------+| 2009 financial calendar (provisional) || ||-------------------------------------------------------------------|| | || Publication of 2009 second-half | Thursday, 12 November || trading update | 2009 || | (before start of trading) || | |+-------------------------------------------------------------------+Pdf version of the press releasePdf versie van het persberichtCompany profileDraka Holding N.V. ('Draka') is the holding company of a number ofoperating companies that are active worldwide in the development,production and sale of cable and cable systems. Draka's activitiesare divided into three groups: Energy & Infrastructure, Industry &Specialty and Communications.Within these three groups, the activities are organised intodivisions. Energy & Infrastructure consists of the Europe andAsia-Pacific divisions; Industry & Specialty consists of theAutomotive & Aviation, Elevator Products, Cableteq USA and Industrialdivisions and the Communications Group comprises the TelecomSolutions, Multimedia and Specials, Americas and Optical Fiberdivisions.Draka has 68 operating companies in 30 countries throughout Europe,North and South America, Asia and Australia. Worldwide, the Drakacompanies employ some 9,900 people. Draka Holding N.V.'s head officeis in Amsterdam. In 2008, Draka reported revenue of ? 2.7 billion andnet income of ? 83.5 million (excluding non-recurring items).Draka Holding N.V. ordinary shares and subordinated convertible bondsare listed on NYSE EuronextAmsterdam. The company has been included in the Next150 index since2001 and the AMX index(Amsterdam Midkap index) since 4 March 2008. Options on Draka sharesare also traded onthe NYSE Euronext Amsterdam Derivative Markets.More information on Draka Holding N.V. can be found at www.draka.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 01.10.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 6461
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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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