Tele Atlas B.V.
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Publicatie datum
05 jun 2008 - 08:32
Statutaire naam
Tele Atlas B.V.
Titel
Tele Atlas To Propose New CEO As Company Ushers In New Era in Digital Mapping
Bericht
‘s-Hertogenbosch, The Netherlands, 5 June 2008 — Tele Atlas (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location-based solutions, today announced that following the settlement of TomTom N.V.’s offer for all outstanding shares in Tele Atlas for a price per share of € 30 (the "Offer"), expected to occur on 10 June 2008 (the "Settlement Date"), the supervisory board of Tele Atlas will make a binding nomination to appoint Bill Henry as its new Chief Executive Officer (CEO) and member of its Management Board, following and subject to the completion of the consultation procedures with Tele Atlas' works council. Alain De Taeye, who formed the company in 1984, will resign as CEO and member of the Management Board after the proposed appointment of Henry. De Taeye will be proposed to be appointed as a member of the management board of TomTom N.V. but will remain strategically involved with Tele Atlas, giving the company continued access to his vast experience and industry knowledge.
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