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New CEOs at Barco as Jan De Witte retires

New CEOs at Barco as Jan De Witte retires

New CEOs at Barco as Jan De Witte retires

Barco CEO Jan De Witte has announced he is retiring from 1 September. Jointly taking over the role as co-CEOs are Charles Beauduin and An Steegen. Having been CEO since 2016, De Witte has reportedly played a crucial role in the company’s turnaround since that time, bringing focus to the company, strengthening the leadership team, moving the portfolio towards a solutions strategy and strengthened its digital capabilities. He also steered the company through a difficult Covid-19 period.

“I am proud of what we have achieved together with the leadership team and the entire organisation over the past five years, with the support and trust I have enjoyed from Charles and our board members,” De Witte commented. “During the Covid-19 period, Barco has been able to strengthen its resilience and growth opportunities, and is in a position to fully maximize these in the next chapter under the leadership of Charles and An.”

Beauduin and Steegen will start respectively on 1 September and 1 October. With his experience as a business leader at Van de Wiele NV and with her experience as a technology and innovation leader at IBM, imec and Umicore, as well as their backgrounds as members of the Barco Board of Directors, the pair are said to be perfectly suited to the new role. Their focus remains on the further internationalisation of the company in view of worldwide commercial and technological leadership in the various markets.

“Together with the Board of Directors, I would like to thank and express my gratitude to Jan for all the changes he has realised at Barco during his five years of leadership,” stated Beauduin. “With his management experience, he was the driving force for more focus and for a more professionally managed and international organisation. We are also very pleased that Jan has agreed to advise us in the transition until the end of 2021.”

“Digitalisation is changing our society at a rapid pace,” added Steegen. “New experiences, more insights and more connectedness are at the centre. This is a great opportunity for Barco, already a world leader in visualisation and collaboration technologies, to differentiate and grow more than ever through its breakthrough innovations. I look forward to working with Charles and the entire team to build a promising future for Barco.”

Additionally, the Board of Directors has appointed Frank Donck, independent director at Barco since April 2015, as chairman of the Board of Directors.

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