Following the recent appointment of Peter van Mierlo as the new CEO of B&S Group S.A., the Company has decided to change the composition of its Executive Team.
The Company has decided to appoint Ken Lageveen (COO) to the Executive Team and to the Board of the Dutch Top holding to further strengthen the execution capabilities. Further, to endorse the importance of the HR portfolio, which responsibility lies with the CEO, the Executive Board has requested the Group's HR director to take part in all Executive meetings. Furthermore, Niels Groen decided in good consent to step down from the Executive Board as per June 4th and will remain available to the Company as a consultant for the foreseeable future.
With these changes, the Executive Team of B&S will consist of Peter van Mierlo (CEO), Mark Faasse (CFO), Bas Schreuders (legal affairs) and Ken Lageveen (COO).
This press release contains information within the meaning of Article 7(a) of the Market Abuse Regulation.
For additional information please contact
Uneke Dekkers / CFF Communications
M: +31(0)6 50261626
E: uneke.dekkers@cffcommunications.nl / investor.relations@bs-group-sa.com
About B&S
B&S (EURONEXT:BSGR) exists to make premium consumer goods available to everyone, anywhere. We believe that getting access to consumer products that bring joy and comfort into everyday lives, should be easy around the globe.
With our ever-growing international network and physical local presence, we bring suppliers, brand owners, logistics partners, wholesalers, retailers and consumers all over the world together that are in many ways difficult to connect.
We work with the world's premium consumer brands in beauty, liquors, personal care, food, health and consumer electronics to serve millions of consumers daily - either directly or through our wholesaler and reseller partners.
Powered by our high-tech platform and arising from supply chain expertise, we provide sourcing, warehousing, distribution, digital commerce, marketing and brand development solutions that enhance choice, speed up delivery, drive conversion and increase reach.
Forward Looking Statements
This press release includes forward-looking statements. Other than reported financial results and historical information, all statements included in this press release, including, without limitation, those regarding our financial position, business strategy and management plans and objectives for future operations, are, or may be deemed to be, forward-looking statements. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms 'believes', 'estimates', 'plans', 'projects', 'anticipates', 'expects', 'intends', 'may', 'will' or 'should' or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forwardlooking statements are based on our current expectations and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forwardlooking statements. Many of these risks and uncertainties relate to factors that are beyond B&S's ability to control or estimate precisely, such as future market conditions, the behaviour of other market participants and the actions of governmental regulators. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are subject to change without notice. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be traded, we have no intention or obligation to update forward-looking statements.
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