The Board of Thomson announces the appointment of Frédéric Rose as CEO
SOURCE:
Thomson
2008-07-24 00:43:00
The Board of Thomson announces the appointment of Frédéric Rose as CEO
The Board of Thomson announces the appointment of Frédéric Rose as CEO
PARIS–(EMWNews – July 24, 2008) – The Board of Thomson announces the appointment of
Frédéric Rose as CEO
Paris, 24 July 2008 – The Board of Directors of Thomson (Euronext Paris:
18453; NYSE: TMS) yesterday unanimously approved the appointment of
Frédéric Rose as the Group’s new CEO. He will also join the Board of
Directors.
Frédéric Rose, 46 and a French/American national, will join the Group on 1
September from Alcatel-Lucent where he was President of that company’s
Europe, Asia and Africa Region and a member of Alcatel-Lucent’s Executive
Committee. He has gained extensive international experience during his 15
years with Alcatel-Lucent and has a strong working knowledge of businesses
and markets close to those of Thomson.
Commenting on the appointment, Mr. François de Carbonnel, Chairman of
Thomson, said today:
“We’re delighted that Frédéric Rose will join the Group as CEO from the
beginning of September. His appointment comes as a result of a competitive
search process that clearly identified him as having the qualities we were
looking for. These include his international business background, a
familiarity with the opportunities and challenges in our sector, and strong
team-building credentials. He has the youth and energy to drive Thomson
forward and the Board looks forward very much to working with him.”
Commenting on his appointment, Frédéric Rose said:
“Thomson has undoubted technological excellence, leading market positions
worldwide, and an excellent client list in exciting sectors. The
opportunity to lead a company with such potential is rare indeed so I’m
truly delighted to become Thomson’s CEO. My priority with the management
team will be to ensure that the Group fulfils its potential. We will look
to capitalise on its strengths and seize the opportunities that rapidly
evolving technologies in a fast changing world produce. I have no doubt
that Thomson is capable of rebuilding significant and sustainable value for
its shareholders and other stakeholders over time.”
François de Carbonnel, added:
“I would like to take this opportunity to express the Board’s unanimous
thanks to Julian Waldron for his stewardship of the Group over the last few
months. As well as significant progress on strategically important
initiatives such as the restructuring of the silicon business, Julian has
also ensured that the Group’s management maintained its focus on the
business of winning contracts and serving clients. Accordingly, we are
confident that he and Frédéric Rose will form a highly effective team to
take the Group forward.”
*************
Prior to joining Thomson, Mr Rose has been President of Alcatel-Lucent’s
Europe, Asia and Africa Region and a member of Alcatel-Lucent’s Executive
Committee. Prior to that, he was President of Alcatel-Lucent’s Asia Pacific
region, Mr. Rose managed a diverse team of 15,000 staff operating across 18
countries and led the region to achieve double-digit growth during his
tenure. He also held the position of President of Alcatel Shanghai Bell,
Alcatel-Lucent’s flagship joint venture in China. Mr. Rose has acquired
extensive global experience working in the US, Europe and Asia. During his
15-year career with Alcatel-Lucent, Mr. Rose has established a track record
of building winning teams. He is a graduate of the Georgetown University
School of Foreign Service and the Georgetown University Law Centre and is
fluent in English, French and Dutch.
###
Certain statements in this press release, including any discussion of
management expectations for future periods, constitute “forward-looking
statements” within the meaning of the “safe harbor” of the U.S. Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
are based on management’s current expectations and beliefs and are subject
to a number of factors and uncertainties that could cause actual results to
differ materially from the future results expressed or implied by the
forward-looking statements due to changes in global economic and business
conditions, “media and entertainment” markets, and regulatory factors. More
detailed information on the potential factors that could affect the
financial results of Thomson is contained in Thomson’s filings with the
U.S. Securities and Exchange Commission.
About Thomson: the worldwide leader in video solutions
Thomson (Euronext Paris: 18453; NYSE: TMS) is the world leading provider of
solutions for the creation, management, delivery and access of video, for
the Communication, Media & Entertainment (CME) industries. Our clients are
studios, broadcasters, network operators (telcos, broadband, satellite and
cable operators) and an increasing range of professional users of videos.
We deliver superior value to our customers through a unique combination of
industry leading technologies, systems and services, enabling us to offer
differentiated and innovative end-to-end solutions based on a broad
portfolio of Intellectual Property.
At the cross-roads of the CME industries, leveraging our core competencies
in video but also audio, data and voice, we enable our customers to take
advantage of the growth opportunities brought on by the digital convergence
revolution. For more information: http://www.thomson.net.
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