The Board of Directors of Velcora Holding AB (publ) ("Velcora" or the "Company") has appointed Peter Schmid as CEO of the Company. Peter Schmid has been acting as interim CEO since October 6, 2016.
Comments from the Chairman of the Board of Directors, Ulrik Smith
We are very pleased that Peter Schmid has accepted the position as CEO of Velcora. Peter has an extensive industrial and management background in the global fluid handling industry, in particular within strategy and business development. With Peter at the helm of Velcora we are now building a strong team to further develop the Company`s business.
Before becoming acting CEO of Velcora, Peter Schmid was the Chairman of the Company and has in addition served as member of the Board of Directors since 2015. Peter`s extensive background in the global fluid handling industry includes a management career of more than 10 years within Xylem Inc, serving, among several roles, as Business Unit Manager.
For further information, please contact:
Ulrik Smith, Chairman, +47 974 15 596
Peter Schmid, CEO, +46 70 373 81 43
This information is information that Velcora Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16.00 CET on 23 January, 2017.
Velcora appoints Peter Schmid as CEO
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Source: Velcora Holding AB via GlobeNewswire
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