NKT Holding A/S
NKT strenghtens the management structure for Photonics Group by appointing Basil Garabet as CEO

NKT Holding A/S 

02.06.2015 09:00

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Nasdaq Copenhagen 
Nikolaj
Plads 6 
DK -
1007 Copenhagen K 

2 June 2015
Announcement No. 13 

NKT strenghtens the
management structure for Photonics Group by appointing Basil Garabet as
CEO 
NKT's
Board of Directors has appointed Basil Garabet as CEO of Photonics Group as of
1 July 2015. The strengthening of Photonics Group's leadership team, based on
the establishment of an Executive Management for the underlying businesses,
will support the strategy of achieving commercial scale within the Imaging and
Sensing segments. Basil Garabet will report to NKT's Board of
Directors.  

Aged 56 and of dual British and American nationality,
Basil Garabet holds a MSc in Lasers and
Their Applications from Essex University, UK. He has extensive international management experience
from leading positions in the photonics industry with, among others:
 

EM4, US manufacturer of optoelectronics and subsystems,
2001-2013,
Altitun Inc., Swedish manufacturer of tunable lasers,
1999-2001,
Mellot Griot Inc., US manufacturer of lasers and
photonic components, 1996-1999.
Since 2013, Basil Garabet
has been acting as an independent consultant specialising in revitalising
companies towards profit and growth, including the successful turnaround and
sale of JK Lasers on behalf of The GSI Group.  

- Basil Garabet's thorough understanding of the global
photonics business and extensive network in the industry are essential to
achieving the full scope of Photonics Group's strategy, to increase growth and
reach commercial scale within our core segments of Imaging and Sensing. We are
confident that under the leadership of the new CEO, our photonics business will
gain further industrial foothold based on its cutting-edge technologies, says
Jens Due Olsen, Chairman of NKT's Board of Directors. 

Contact 
Jens Due Olsen 
Chairman
of NKT's Board of Directors 
Tel:
+
45 4082 8804
News Source: NASDAQ OMX



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Language:     English
Company:      NKT Holding A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010287663
WKN:          
 
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