The Board of Hansen Transmissions International NV (Hansen) has announced, with effect from 31 March 2010, the appointment of Alex De Ryck as Chief Executive Officer (CEO) following the decision by Ivan Brems to retire from active executive duties as CEO of the Company.
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Alex De Ryck currently holds the position of Chief Financial Officer (CFO) and is a member of the Board. Ivan Brems will continue to be available to the Group in a new capacity as a consultant to the board and executive committee. The Board is in the process of appointing a new CFO and will communicate on this position in due course. Alex De Ryck (50) became CFO of Hansen in 2004. Prior to joining the Group, he held a number of high profile positions, including CEO of Esselte Belgium and Eldon Belgium, CFO of the Dymo Group and the Eldon Enclosures Group and finance manager at Honeywell Europe.