Kendrion N.V. Nominates Jeroen Hemmen for Appointment of Chief Financial Officer
March 29, 2019 at 12:55 pm EDT
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Kendrion announced that it nominates Jeroen Hemmen for appointment as Chief Financial Officer (CFO) of Kendrion N.V. at the extraordinary general meeting of shareholders to be held on 7 June 2019. Jeroen Hemmen has held various finance positions within Kendrion over the last fourteen years and is currently Finance Director Automotive and interim CFO.
Kendrion N.V. specializes in the design, manufacturing and marketing of intelligent actuators that help advance the global push towards automation, electrification and cleaner forms of energy in a wide range of industrial and automotive applications. These actuators can be found in wind power turbines, robots, warehouse automation, electric vehicles, energy distribution and industrial heating processes. Net sales break down by business segment as follows:
- Automotive (50.5%): electromagnetic systems and components for passenger cars and commercial vehicles;
- Industrial (49.5%): industrial actuators and controls (solutions based on electromagnetic actuators, control technology and fluid technology) and industrial brakes (electromagnetic brakes for electromotors).
Net sales are distributed geographically as follows: Netherlands (2.9%), Germany (59.7%), Europe (18.7%), Americas (10%) and Asia (8.7%).
KENDRION N.V. 
