Glunz & Jensen A/S
Glunz & Jensen appointing new CFO
Glunz & Jensen A/S 26.03.2012 10:03 --------------------------------------------------------------------------- The Board of Directors of Glunz & Jensen A/S announces the appointment of Jens Christian Nielsen (46) as the company's new CFO effective today and the resignation of the previous CFO, Per Birk-Sørensen. Ringsted, Denmark, 2012-03-26 10:03 CEST (GLOBE NEWSWIRE) -- Stock Exchange Announcement No. 233 26 March 2012 The Board of Directors of Glunz & Jensen A/S announces the appointment of Jens Christian Nielsen (46) as the company's new CFO effective today and the resignation of the previous CFO, Per Birk-Sørensen. The background for the change is Glunz & Jensen's successful completion of a turnaround process during 2009-2011. As the company is now in a growth phase it will no longer require the same degree of financially-related change management projects, but will increasingly have a growing need for financial follow-up and management in relation to operations and completed strategic initiatives. 'On behalf of the Board, I would like to thank Per Birk-Sørensen for his big effort since joining our company in 2009. Glunz & Jensen has made it through the crisis and we are generating growth in both revenue and earnings. Per Birk-Sørensen deserves credit for his contribution to that achievement,' said Søren Stensdal, the company's chairman. Jens Christian Nielsen, will take up his new position tomorrow, the 27 March 2012. He holds a M.Sc.-degree in economics and business administration and served as CFO of listed company Topsil Semiconductor Materials A/S during the period 2007-2011. Like Glunz & Jensen, Topsil is a global, high-tech business. Prior to joining Topsil, Jens Christian Nielsen was CFO of Stryhns A/S during 2004-2007 and Director of Finance with Irwin Industrial Tool Company A/S during 1996-2004. Going forward, the Management Board of Glunz & Jensen A/S will consist of Keld Thorsen, CEO, and Jens Christian Nielsen, CFO. On behalf of the Board of Directors Søren Stensdal, Chairman For further information please contact: Søren Stensdal, Chairman of the Board of Directors, on tel +45 2810 0121 News Source: NASDAQ OMX 26.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Glunz & Jensen A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010249309 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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