Kendrion : nominates internal candidate Jeroen Hemmen as new CFO
March 29, 2019 at 09:07 am EDT
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29 March 2019
Kendrion nominates internal candidate Jeroen Hemmen as new CFO
Kendrion announced today that it nominates Jeroen Hemmen (45) for appointment as Chief Financial Officer (CFO) of Kendrion N.V. at the extraordinary general meeting of shareholders 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.
Henk ten Hove, Chairman of the Supervisory Board: 'It is with great pleasure that we propose the appointment of Jeroen Hemmen as our new CFO. Jeroen has held a range of functions within the Kendrion finance organisation with increasing responsibility. He has been instrumental in the implementation of the 'Simplify, Focus, Grow' strategy, the recent re-organisation of our Automotive Group, the acquisition and integration of various Kendrion companies and was closely involved in tax, treasury, refinancing and investor relations activities. We are confident that Jeroen will take a prominent role in leading Kendrion towards realisation of its ambitious medium and long term goals.'
Profile of Kendrion N.V.
Kendrion develops, manufactures and markets high-quality electromagnetic systems and components for industrial and automotive applications. For over a century, we have been engineering precision parts for the world's leading innovators in passenger cars, commercial vehicles and industrial applications. As a leading technology pioneer, Kendrion invents, designs and manufactures complex components and customised systems as well as local solutions on demand.
We are committed to the engineering challenges of tomorrow, and taking responsibility for how we source, manufacture and conduct business is embedded into our culture of innovation. Rooted in Germany, headquartered in the Netherlands and listed on the Amsterdam stock exchange, Kendrion's expertise extends across Europe to the Americas and Asia. Created with passion and engineered with precision. Kendrion - we magnetise the world.
Zeist, 29 March 2019
The Supervisory Board
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Kendrion NV published this content on 29 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 March 2019 13:06:15 UTC
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. 
