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Imtech: Hans Turkesteen appointed as new CFO, Boudewijn Gerner steps down as CFO


February 8, 2013 - London

Gouda, the Netherlands - The Supervisory Board of Royal Imtech N.V. (technical services provider in and outside Europe) announces that as of today Boudewijn Gerner (61) steps down as CFO and member of the Board of Imtech. With effect of 11 February 2013 Hans Turkesteen (49), currently CFO and member of the Board of Management of Stork Technical Services, is appointed as new CFO and nominated as member of the Board of Management. During the Annual General Meeting of shareholders to be held later in 2013 his nomination must officially be approved by the shareholders.

Rudy van der Meer, Chairman of the Supervisory Board of Imtech: 'Boudewijn Gerner can look back on a successful period at Imtech, but has indicated that a changing of the guard is desired. This is partly due to the situation in which the company now finds itself and also to the fact that it had already been agreed that he would leave Imtech next year. During 2013 Boudewijn Gerner will continue as advisor for Imtech. The Supervisory Board is Boudewijn Gerner grateful for his personal contribution and dedication in recent years and respects his decision. Imtech provides in his succession with the appointment of Hans Turkesteen. Hans Turkesteen has extensive experience in the technical services market and a broad financial background with a strong track record in financial change and cash flow management. The proven capabilities of Hans Turkesteen in financially navigating a company in challenging times will help Imtech's recovery and future development.'

About Hans Turkesteen
Hans Turkesteen is a Certified Accountant. He began in 1982 as an accountant at Andersen. In 1993 he was appointed as Partner and later Managing Partner of Andersen Dutch M&A practice. He played an instrumental role in the transition from Andersen to Deloitte, where he was responsible for Financial Advisory and Capital Market practice. Since 2008 he has been CFO and member of the Board of Management of Stork where he in August 2012 successfully implemented a complete financial restructuring. Mr. Turkesteen has the Dutch nationality.

The Central Works Council has issued a positive advice regarding this nomination.

More information

Media: Analysts & investors:
Pieter Koenders
Director Group Communications
T: +31 655 74 65 85
E: pieter.koenders@imtech.com
www.imtech.com
Jeroen Leenaers
Director Investor Relations
T: +31 182 54 35 04
E: jeroen.leenaers@imtech.com
www.imtech.com
Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, ICT (information and communication technology) and mechanical solutions. With 29,000 employees, Imtech achieves annual revenue of more than 5.1 billion euro. Imtech holds strong positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland, Turkey and Spain, the European markets of ICT and Traffic as well as in the global marine market. In total Imtech serves 23,000 customers. Imtech offers added value with integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society - for example, in the areas of energy, the environment, water and traffic. Imtech shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600 index.

Pdf: Press Release



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Source: Imtech via Thomson Reuters ONE

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