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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  TomTom NV    TOM2   NL0013332471

TOMTOM NV

(TOM2)
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TomTom : Hala Zeine and Bram Schot nominated as Supervisory Board Members of TomTom

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09/01/2020 | 02:09pm EDT

Amsterdam, the Netherlands, 1 September 2020, TomTom (TOM2) today announced that Hala Zeine and Bram Schot have been nominated for appointment to the TomTom Supervisory Board for a term of four years. Both appointments will be proposed at an Extraordinary General Meeting to be held on 13 October 2020.

Hala Zeine (41) is Chief Product Officer at Celonis, a market leader in AI-enhanced process mining and process excellence. Prior to joining Celonis in September 2019, Hala spent 18 years with SAP, where she held various leadership positions. In her most recent role as President of Digital Supply Chain, she incorporated technologies such as blockchain, Internet of Things and machine learning into the supply chain process of SAP's customers and partners. Hala has been a member of the board of advisors at Holtzbrinck Publishing Group since July 2020.

Bram Schot (59) has more than thirty years' experience in the automotive industry. He held several leadership positions at Mercedes Benz, including President & CEO of DaimlerChrysler Netherlands (2003-2006) and Italy (2006-2011). Bram spent six years with the Volkswagen Group (2011-2017), including as a board member for Commercial Vehicles. He joined Audi's management board in 2017 where he served as Chairman & CEO of the Audi Group (2018-2020). In addition, Bram was a member of the board of the Volkswagen Group and Vice Chairman of Porsche Holding Salzburg.

'We are delighted to welcome Hala and Bram to the team,' said Derk Haank, Chairman of the TomTom Supervisory Board. 'With Hala we further strengthen our technology and platform knowledge, and Bram brings a wealth of experience in the automotive industry. We are excited to work with them and benefit from their insights.'

Harold Goddijn, CEO of TomTom, added: 'We look forward to welcoming Hala and Bram to TomTom. They both have impressive track records in their respective fields, and I'm confident they will make a meaningful contribution to TomTom's long-term strategy.'

Upon the adoption of the proposed appointments, the Supervisory Board will consist of Derk Haank (Chairman), Jacqueline Tammenoms Bakker (Vice-Chairman), Jack de Kreij, Michael Rhodin, Hala Zeine and Bram Schot. -ENDS- 

Disclaimer

TomTom NV published this content on 01 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2020 17:09:02 UTC


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Financials
Sales 2020 532 M 625 M 625 M
Net income 2020 -250 M -294 M -294 M
Net cash 2020 324 M 381 M 381 M
P/E ratio 2020 -2,93x
Yield 2020 -
Capitalization 748 M 879 M 879 M
EV / Sales 2020 0,80x
EV / Sales 2021 0,57x
Nbr of Employees 4 516
Free-Float 48,8%
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Mean consensus BUY
Number of Analysts 6
Average target price 9,20 €
Last Close Price 5,75 €
Spread / Highest target 77,5%
Spread / Average Target 60,1%
Spread / Lowest Target 21,8%
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Managers
NameTitle
Harold Goddijn Chief Executive Officer
Derk Johan Haank Chairman-Supervisory Board
Taco Titulaer Chief Financial Officer
Charles W. Davies Group Chief Technology Officer
Jacqueline A. Tammenoms Bakker Deputy Chairman-Supervisory Board
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