Carl Peeters, CFO, to leave Barco; Ann Desender appointed as new CFO

Kortrijk, Belgium, 19 July 2016 – Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announces the departure of its Chief Financial Officer, Carl Peeters, who has decided to pursue a new professional opportunity. Ann Desender, currently Vice President Finance & Control will succeed Carl as CFO for Barco. This change will become effective as of September 2016.

Ann Desender joined Barco in 2008 and has been leading Barco’s global finance team since 2010. Prior to joining Barco she held management positions as Corporate Director of Finance & Reporting at Unilin and was a Senior Audit Manager at Arthur Andersen and Deloitte. Ann holds a Master’s degree in Applied Economic Sciences from the University of Ghent and completed an Advanced Management Program at IESE Barcelona.

Ann Desender will succeed Carl Peeters as a member of Barco’s Core Leadership Team and will report directly to the CEO.

Carl Peeters joined Barco in 1987. Whereas his initial roles were in business development, he took up his first senior finance role as CFO of BarcoNet in 2000. He was appointed group CFO of Barco NV in 2010.
Carl Peeters will leave Barco end of September 2016 to take on the Group CFO responsibilities at Greenyard Foods.

Eric Van Zele, CEO of Barco and Jan De Witte, CEO designate, commented, “Carl has been a long term senior manager with Barco and throughout his career has played an important role in the success of Barco. We wish to thank Carl for his many years of solid contributions and wish him the best of luck in his future endeavours. With Ann Desender we capitalize on strong internal finance capabilities and leadership talent. Ann and Carl will work together to ensure a smooth transition over the summer.”

 

About Barco
Barco, a global technology company, designs and develops networked visualization products for the Entertainment, Enterprise and Healthcare markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and APAC. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with 3.300 employees worldwide. Barco posted sales of 1.029 billion euro in 2015.

For more information and the Annual report 2015, please visit the Company’s website at
www.barco.com

© Copyright 2016 by Barco

For more information, please contact

Carl Vanden Bussche
Vice President Investor Relations
Barco nv

Telephone +32 56 26 23 22
carl.vandenbussche@barco.com

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