SOURCE: Koninklijke Ten Cate NV

January 20, 2011 12:00 ET

Nomination of member Executive Board of Royal Ten Cate

ALMELO, NETHERLANDS--(Marketwire - January 20, 2011) -

The Supervisory Board intends to nominate Mr B. Cornelese for appointment as member of the Executive Board and CFO. Further information will be provided in the notes to the agenda for the next shareholders' meeting.

Mr Cornelese (46) is currently employed as Vice President & CFO EMEA of Biomet Inc. Prior to this he was CFO Northern Europe of Pepsico International.

In accordance with the agreements made at the time he took up office, Mr J. Lock will step down as member of the Executive Board and CFO of Royal Ten Cate at the next shareholders' meeting to be held on 21 April 2011.

The Supervisory Board and the Executive Board are very grateful to Mr Lock for the contribution he has made during the two extra years after his initial retirement.

Royal Ten Cate Almelo, the Netherlands, Thursday, 20 January 2011

Royal Ten Cate (TenCate) is a multinational company that combines textile technology with chemical processes and material technology in the development and production of functional materials with distinctive characteristics. TenCate products are sold throughout the world. Systems and materials from TenCate come under four areas of applications: safety and protection; space and aerospace; infrastructure and the environment; sport and recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on NYSE Euronext (AMX).

Press release as PDF:

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Koninklijke Ten Cate NV via Thomson Reuters ONE


Contact Information

  • For further information:

    Royal Ten Cate
    Frank Spaan, Director, Corporate Development & Investor Relations
    Telephone : +31 546 544 977
    Mobile : +31 6 129 617 24