EVS Broadcast Equipment announces departure of Muriel De Lathouwer, Managing Director & CEO
July 17 2018 - 1:30PM
Publication on July 17, 2018,
7.30pm CET
Regulated information - privileged
information
EVS Broadcast Equipment SA: Euronext Brussels
(EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)
Pierre De
Muelenaere is appointed as interim CEO until the appointment of a
new CEO
EVS Broadcast Equipment SA, the
leading provider of live video production systems, today announced
the departure of Muriel De Lathouwer (representing MucH sprl) as
Managing Director & CEO of the company.
The Board of Directors and Muriel
De Lathouwer mutually agreed to end the term of the office and
duties of Muriel De Lathouwer, Managing Director and CEO of the
company (mandates and functions exercised mainly through her
company MucH sprl), with effect from July 10, 2018.
The Chairman of the Board of
Directors, Pierre De Muelenaere (representing Pygargue sprl), has
been asked to succeed her temporarily until the appointment of a
new CEO.
Pierre De Muelenaere, Chairman of
the Board of Directors of EVS, declared: "On behalf of the Board, I
would like to thank Muriel for the work that has been accomplished
over the last 4 years with the Executive Committee and the Board. A
new vision and strategy have been defined, positioning EVS at the
core of the live ecosystem, with an extension of the product range
and a focus on innovation. A more agile organizational structure
was put in place, allowing a better cost control. The challenges
faced by all players in our industry are pushing us to constantly
evolve. The Board of Directors will encourage the continuation of
this strategy, while strengthening the leadership role of the
management team within the organization."
Conference
call
EVS will hold a conference call in English tomorrow July 18 at 5.00
pm CET for financial analysts and institutional investors. Other
interested parties may join the call in a listen-only mode.
Dial-in numbers: +44 (0)2071 928
000 (United Kingdom), +32 (0)2 400 98 74 (Belgium), +1 631 510 7495
(United States)
Conference call ID: 8777864.
For more information, please
contact:
Yvan ABSIL, CFO
Geoffroy d'OULTREMONT, Vice President Investor Relations
& Corporate Communication
EVS Broadcast Equipment S.A., Liege Science Park, 13 rue du Bois
Saint-Jean, B-4102 Seraing, Belgium
Tel: +32 4 361 70 13. E-mail:corpcom@evs.com;
www.evs.com |
Forward Looking Statements
This press release contains forward-looking statements with respect
to the business, financial condition, and results of operations of
EVS and its affiliates. These statements are based on the current
expectations or beliefs of EVS's management and are subject to a
number of risks and uncertainties that could cause actual results
or performance of the Company to differ materially from those
contemplated in such forward-looking statements. These risks and
uncertainties relate to changes in technology and market
requirements, the company's concentration on one industry, decline
in demand for the company's products and those of its affiliates,
inability to timely develop and introduce new technologies,
products and applications, and loss of market share and pressure on
pricing resulting from competition which could cause the actual
results or performance of the company to differ materially from
those contemplated in such forward-looking statements. EVS
undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events.
|
About EVS
EVS is globally recognized as the technology leader for live video
production. The company introduced Live Slow Motion replay in 1994,
and has continued to build on its reputation for quality and
reliability with solutions that enhance live sports, entertainment
and news content. Innovations - such as the C-Cast multimedia
platform and DYVI IT-based switcher - are raising the bar for live
production enrichment, management and distribution. Broadcasters,
rights owners, producers and venues alike use EVS to maximize the
value of their productions and increase revenue streams. The
company is headquartered in Belgium with around 500 employees in
offices in Europe, the Middle East, Asia and North America, and
provides sales and technical support to more than 100 countries.
EVS is a public company traded on Euronext Brussels: EVS, ISIN:
BE0003820371. For more information, please visit
www.evs.com
|
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: EVS Broadcast Equipment via Globenewswire
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