Belden appoints Ashish Chand to its Board as CEO

– USA, MO –  Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, today announced the appointment of Ashish Chand to its Board of Directors as President and CEO, effective immediately, Dr. Chand succeeding Roel Vestjens who resigned from his position and the Board of Directors.

“For over two decades, Ashish has played integral roles in creating and building the Industrial Automation Solutions business as well as developing our broader solutions-driven strategy. With his unrelenting focus on market innovation, operational excellence and customer satisfaction the Board is confident that Ashish is the right choice to further build on Belden’s success,”  said Board Chair, David Aldrich.

About Ashish Chand

Dr. Chand joined Belden in 2002 and most recently served as the Company’s Executive Vice President of Industrial Automation Solutions since July 2019, and Managing Director of Belden Asia Pacific from August 2017. Throughout his tenure with Belden, he has held roles across several functions, including sales and marketing, and operations in Asia and North America. Dr. Chand has played a pivotal role in developing and executing Belden’s long-term growth agenda, solutions and product strategy, and go-to-market efforts. He made vital contributions towards establishing and growing Belden throughout the Asia Pacific region, including setting up manufacturing in China and India.

“I am excited to lead Belden as our solutions-driven portfolio aligns with key secular trends that position us to generate sustainable earnings growth,” said Dr. Chand. “Following our portfolio transformation, Belden is more resilient and better positioned to serve our customers across the globe while generating long-term shareholder value. After our record performance in 2022, we remain confident in our ability to deliver $8.00 or more of adjusted EPS by 2025,” said Dr. Chand.

Dr. Chand holds a BA in Economics from Loyola College, Chennai, India, an MBA from XLRI Jamshedpur, India, and a Doctorate in Business Administration from the City University of Hong Kong.

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

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