NEWAYS ELECTRONICS INTERNATIONAL N.V. announced that its Supervisory Board intends to appoint Mr. Adrie van Bragt (1965) as Chief Operating Officer (COO) and member of the Neways Board of Directors effective 1 January 2015. Following the appointment of the new COO, the Neways Board of Directors will have three members. Adrie van Bragt has worked at Neways since 1992, with the last 10 years as statutory director of operating company Neways Advanced Applications.

He has been extremely successful in this role. Neways Advanced Applications has grown considerably under his leadership, carving out a strong market position and winning great appreciation from its clients. Also taking into account the departure of Vincent de Bok, the distribution of tasks within the Board of Directors will change somewhat with the arrival of Adrie van Bragt.

Mr. Huub van der Vrande will, as CEO, continue to be responsible for overall management and commercial matters. Vincent de Bok's successor will be appointed CFO. As COO, Adrie van Bragt will be responsible for operational matters.

Neways has already started the selection procedure for Vincent de Bok's successor.