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EskoArtwork concludes a successful merger process

Friday, August 01, 2008

Press release from the issuing company

Gent (Belgium), July 31, 2008 – The Board of Directors of EskoArtwork are pleased to see the company arriving at the conclusion of a comprehensive integration process, initiated one year ago with the merger of Esko and Artwork Systems.

Operations, staff and distribution channels from the former companies have been aligned and combined into an even stronger global industry leader. Customers, partners and other industry players have recognized the result of EskoArtwork's integration efforts, as clearly demonstrated during the drupa 2008 exhibition – the most successful ever for the company.

Turning its focus now towards the next steps in the company's development, EskoArtwork's Board of Directors have decided to make some changes at the Executive Management and Board level.

Guido Van der Schueren, currently Executive Management Board Member and Chief Commercial Officer, has accepted to be appointed non-executive Vice Chairman of the Board, reporting to EskoArtwork's Chairman, Jean-Claude Deschamps. Mr. Van der Schueren will relinquish his executive activities and will hence concentrate on strategic projects and related Board matters.

Carsten Knudsen, President and CEO, remains Executive Board Member and assumes the leadership of EskoArtwork's management team.

The above changes become effective August 1, 2008.

 

 

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