AALBORG, Denmark, Oct. 23, 2018 /PRNewswire/ --
Asetek today announced that its chairman, Mr. Samuel Szteinbaum,
has notified the board of directors of his decision to retire and
leave the board to pursue other endeavors. Mr. Szteinbaum was
elected to the board of directors in 2008 and has served as the
Company's chairman since 2009. He has been instrumental in leading
the Company through the IPO in 2013 and years of significant growth
since – from USD 20 million in
revenue in 2012 to close to USD 60
million in revenue in 2017.
"I have enjoyed serving on the board for the last 10 years
and I feel the right time to move on has come as I am continuing my
board position at Corsair as well as I am going to be more
dedicated to another and yet unannounced situation. The company has
seen tremendous growth and I feel the company has still a lot to
come and the future presents many opportunities and I trust
the right team is in place to address those looking
forward".
The Company extends its appreciation to Mr. Szteinbaum for his
service as chairman and director.
The decision is effective immediately, and the vice chairman,
Mr. Chris Christopher will assume
the role of chairman until the next ordinary general meeting in
April 2019.
The Company has at the same time initiated efforts to identify
an addition to the board and expects to be able make an
announcement on this shortly.
About Asetek
Asetek is the global leader in liquid cooling solutions for data
centers, servers and PCs. Founded in 2000, Asetek is headquartered
in Denmark and has operations in
California, Texas, China
and Taiwan. Asetek is listed on
the Oslo Stock Exchange (ASETEK.OL).
CONTACT:
For further information, please contact:
CEO and Founder André S. Eriksen
+45-2125-7076, email: ceo@asetek.com
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SOURCE Asetek