PRESS RELEASE

Eric Stodel appointed as new CEO Neways

Son, 18 December 2019 - At the Extraordinary General Meeting of Shareholders (EGM) of Neways today, the Supervisory Board formally notified the shareholders of the proposed appointment of Eric Stodel as a member of the Executive Board in the position of Chief Executive Officer (CEO). Following the EGM, the Supervisory Board appointed Eric Stodel. As of 1 January 2020, he will start as the new CEO and successor of Huub van der Vrande.

END

ABOUT NEWAYS

Neways Electronics International N.V. (Neways) is an international company active in the EMS (Electronic Manufacturing Services) market. Neways offers its clients custom-made solutions for the complete product life cycle (from product development to after-sales service) of both electronic components and complete (box-built) electronic control systems. Neways operates in a niche of the EMS market and focuses primarily on small to medium-sized specialist series, in which quality, flexibility and time-to-market play a crucial role. Neways products are used in sectors such as the semiconductor, medical, automotive, general industry and defence industries. Neways has operating companies in the Netherlands, Germany, the Czech Republic, Slovakia and China, and the United States with a total of 2,998 employees at 31 December 2018. Neways recorded net turnover of € 506.8 million in 2018. Neways shares are listed on the Euronext Amsterdam stock exchange (symbol: NEWAY). www.newayselectronics.com

FOR MORE INFORMATION

Henk Scheepers (Chairman of the Supervisory Board)

Tel: + 31 (0)40 - 267 9205

Neways Electronics International N.V.

Postbus 69, 5690 AB SON

www.newayselectronics.com

1

Attachments

  • Original document
  • Permalink

Disclaimer

Neways Electronics International NV published this content on 18 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 December 2019 15:35:02 UTC