Amsterdam, Netherlands
Regulatory News:
Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announces the appointment of Jacques Tierny as its new Chief Financial Officer. Jacques Tierny replaces Charles Desmartis, who has decided to leave the company to pursue other interests. Jacques Tierny began his career as a trader. He then spent 23 years in different finance positions at Michelin in France and abroad, where he became the Group Deputy CFO. In 2003 he joined the retail group Casino as Group CFO, later becoming Casino's Executive Deputy General Manager. Since January 2007, Jacques Tierny was heading the Valuation and Strategic Finance practice at KPMG Corporate Finance in Paris.
Charles Desmartis stated "I am grateful to Gemalto for the rich and intense professional development opportunities it has offered to me over the last years. We have now completed the financial integration of the Group following the merger and built a strong Finance team to support Gemalto's growth and success. I leave Gemalto fully confident in its ability to realize its digital security vision and reach its financial objectives."
Olivier Piou, Gemalto Chief Executive Officer, added "We thank Charles for his contribution to the creation of Gemalto and the successful financial integration of the Group, and wish him the very best for the future. And we welcome Jacques Tierny, who brings to Gemalto a wealth of senior financial experience acquired in the industrial, retail and consulting environments."
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is the leader in digital security with pro forma 2006 annual revenues of EUR 1.7 billion, more than 85 offices in 40 countries and about 10,000 employees including 1,300 R&D engineers.
In a world where the digital revolution is increasingly transforming our lives, Gemalto's solutions are designed to make personal digital interactions more convenient, secure and enjoyable.
Gemalto provides end-to-end digital security solutions, from the development of software applications through design and production of secure personal devices such as smart cards, SIMs, e-passports, and tokens to the deployment of managed services for its customers.
More than a billion people worldwide use the company's products and services for telecommunications, financial services, e-government, identity management, multimedia content, digital rights management, IT security, mass transit and many other applications.
As the use of Gemalto's software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.
Gemalto was formed in June 2006 by the combination of Axalto and Gemplus.
For more information please visit www.gemalto.com
Source: Business Wire (Business Wire India)