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Carl Peeters, CFO, to Leave Barco; Ann Desender Appointed as New CFO

Ann Desender, Barco

Barco announces the departure of its chief financial officer, Carl Peeters, who has decided to pursue a new professional opportunity. Ann Desender, currently vice president finance and control will succeed Peeters as CFO for Barco. This change will become effective as of September 2016.

Desender joined Barco in 2008 and has been leading Barco's global finance team since 2010. Prior to joining Barco she held management positions as corporate director of finance and reporting at Unilin and was a senior audit manager at Arthur Andersen and Deloitte. Desender holds a master's degree in applied economic sciences from the University of Ghent and completed an advanced management program at IESE Barcelona.

Desender will succeed Peeters as a member of Barco's core leadership team and will report directly to the CEO.

Peeters joined Barco in 1987. Whereas his initial roles were in business development, he took up his first senior finance role as CFO of BarcoNet in 2000. He was appointed group CFO of Barco NV in 2010. Peeters will leave Barco at the end of September 2016 to take on the group CFO responsibilities at Greenyard Foods.

Eric Van Zele, CEO of Barco and Jan De Witte, CEO designate, commented, "Carl has been a long-term senior manager with Barco and throughout his career has played an important role in the success of Barco. We wish to thank Carl for his many years of solid contributions and wish him the best of luck in his future endeavors. With Ann Desender we capitalize on strong internal finance capabilities and leadership talent. Ann and Carl will work together to ensure a smooth transition over the summer."

WWWwww.barco.com


(20 July 2016)

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