Agfa-Gevaert announces Pascal Juéry to its Board of Directors as CEO

– BELGIUM, Mortsel – Agfa-Gevaert (EBR: AGFB) today announced that Pascal Juéry will become its new CEO effective February 1, 2020, succeeding Christian Reinaudo, who will continue to support the company as a member of the Board of Directors.

“We are happy to welcome Pascal Juéry as the new CEO at a decisive moment in the Group’s transformation process. His previous experience in the executive management of an international company in the middle of a transformation journey will enable him to lead Agfa-Gevaert in its fast-changing markets,” said Klaus Röhrig, Chairman.

The Annual Shareholders Meeting of May 12, 2020, will be asked to elect Pascal Juéry as a Director in order to appoint him as Managing Director immediately thereafter.

The Board of Directors would like to thank Christian Reinaudo for his commitment and valuable contribution as CEO to Agfa-Gevaert’s development over the past decade.

“Christian Reinaudo took the position of CEO on May 1, 2010 under difficult circumstances. Following the global economic crisis in 2008-2009, he managed to stabilize the company and restore profitability. He implemented a growth strategy for all the business activities of the Group which, as the results of the last two-quarters show, is starting to bear fruit. With the planned divestment of part of Agfa HealthCare’s IT activities in view, the company will have the necessary resources to further develop these growth strategies,” said Klaus Röhrig, Chairman.

About Pascal Juéry

Pascal Juéry is a graduate of ESCP Business School. He provides more than 30 years of experience in the chemical and advanced material industries. Pascal Juéry started his career in finance and soon demonstrated his ability to lead various global businesses as well as hold key functional responsibilities. For the past 10 years, he was a member of the Executive Committee of Rhodia and then Solvay, where he took an active part in the group portfolio and business transformation.

Pascal Juéry, future CEO of Agfa-Gevaert: “I am proud to join Agfa-Gevaert, a global leading high-tech company that has successfully repositioned itself in the digital world. I look forward to continuing the transformation process with Agfa-Gevaert’s talented team and, in doing so, delivering sustainable and profitable growth.”

About Agfa-Gevaert

The Agfa-Gevaert Group consists of two companies: Agfa and Agfa HealthCare. Agfa is a leading company in imaging technology, with over 150 years of experience. Agfa develops, manufactures and markets analogue and digital systems for the printing industry, for the healthcare sector, and for specific industrial applications. Agfa holds three divisions: Offset Solutions, Digital Print & Chemicals and Radiology Solutions. Agfa HealthCare holds the Imaging IT division. This division supplies healthcare providers with innovative IT solutions.

The Agfa-Gevaert Group’s headquarters and parent company are located in Mortsel, Belgium. The Group’s largest production and research centres are located in Belgium, the United States, Canada, Germany, France, the United Kingdom, Austria, China and Brazil. The Group is commercially active worldwide through wholly owned sales organizations in more than 40 countries. In countries where it does not have its own sales organization, the market is served by a network of agents and representatives.

For more information: https://www.agfa.com

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