PRESS RELEASE : Armacell welcomes new CFO Wim Van Acker

DGAP-News: Armacell / Key word(s): Personnel 
Armacell welcomes new CFO Wim Van Acker (news with additional features) 
2021-03-01 / 11:50 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Press release 
Armacell welcomes new CFO Wim Van Acker 
Luxembourg, 1 March 2021 - Armacell, a global leader in flexible foam for the equipment insulation market and a leading 
provider of engineered foams, is pleased to welcome Wim Van Acker as Chief Financial Officer (CFO). 
In this role, he will oversee the Group's financial strategy through capital structure optimisation, management of 
financial resources, taxation and risk, and efficient capital utilisation. Located at Armacell's global headquarters in 
Luxembourg, he will report directly to Patrick Mathieu, President and Chief Executive Officer (CEO) of the Armacell 
Group. 
"I am delighted to welcome Wim to the Armacell family and I am confident that his experience will help further the 
company's growth", commented Mathieu. "He is a seasoned CFO and senior leader who brings 20+ years of extensive 
management know-how to Armacell." 
Over the past five years, Van Acker was Group CFO of Deceuninck, a publicly listed company and global manufacturer of 
profiles for windows and doors. His previous experience includes various finance positions in private equity-owned 
companies such as Vitalo Group, a leading manufacturer of plastic parts, and Balta Group, an international producer of 
carpets and rugs. 
"I am grateful for the opportunity to join Armacell, a truly global leader in advanced material technologies and energy 
efficiency around the world," said Van Acker. "I look forward to helping take Armacell to the next level as we drive 
profitable growth opportunities and develop value-generating solutions delivering practical benefits in many areas of 
people's everyday lives." 
"I also wanted to thank Déborah Hutschemackers, Armacell's General Manager Group Controlling who served as interim CFO 
from 30 September 2020 to 28 February 2021, for supporting the company and the Management Board in this interim period, 
" concluded Mathieu. 
Fluent in Dutch, English and French, Van Acker holds a Master's degree in Commercial Engineering from the University of 
Leuven, Belgium and an MBA from Cornell University, USA. 
-ends- 
About Armacell 
As the inventors of flexible foam for equipment insulation and a leading provider of engineered foams, 
Armacell develops innovative and safe thermal, acoustic and mechanical solutions that create sustainable value for its 
customers. Armacell's products significantly contribute to global energy efficiency making a difference around the 
world every day. With 3,135 employees and 24 production plants in 16 countries, the company operates two main 
businesses, Advanced Insulation and Engineered Foams, and generated net sales of EUR 644 million and adjusted EBITDA of 
EUR 134 million in 2019. Armacell focuses on insulation materials for technical equipment, high-performance foams for 
high-tech and lightweight applications and next-generation aerogel blanket technology. 
For more information, please visit: www.armacell.com 
Media & Investor Contact 
Tom Anen 
Director Corporate Communications 
[phone] 
[e-mail] 
=---------------------------------------------------------------------------------------------------------------------- 
Additional features: 
File: Armacell welcomes new CFO Wim Van Acker 
=---------------------------------------------------------------------------------------------------------------------- 
2021-03-01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 

1171957 2021-03-01

(END) Dow Jones Newswires

March 01, 2021 05:52 ET (10:52 GMT)