Ashok K. Jain succeeds Marc Ooms as a member of the board of Barco n.v.
Kortrijk, Belgium, 24 October 2012. Mr Marc Ooms has decided to resign from the Board of Directors of Barco n.v.. The Board has nominated Mr Ashok K. Jain to succeed Mr. Ooms.
Marc Ooms has been a Director of the Board of Barco n.v. for 25 years. The members of the Board of Directors of Barco express their appreciation for the many years of service and contribution of Mr Ooms to the company.
Following the resignation of Mr Ooms, the Board of Barco n.v. has nominated Mr Jain until the next General Assembly to succeed Mr Ooms, where his nomination will be submitted to the General Assembly for definitive appointment as director.
Ashok K. Jain has a Master of Technology from the Indian Institute of Technology in Delhi, India. As a seasoned Silicon Valley veteran he brings with him a unique experience of more than 30 years in the semiconductor, networked visualization and network security industry.
In his career Mr Jain founded several technology start-ups and converted them into successful businesses by strong leadership coupled with insights into emerging opportunities and trends in the global economy. Ashok K. Jain was founder and chairman of the board of IP Video Systems, which was acquired by Barco n.v. in February 2012.
Ashok K. Jain currently serves as chairman on the board of Directors of Teraburst Networks Inc. and is advisor to Rocket Fuel Inc..
He is of Indian origin and has US citizenship.
These changes are effective as of today.
Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with about 3,700 employees worldwide. Barco posted sales of 1,041 million euro in 2011.
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