Gimv announces the succession of Urbain Vandeurzen as Chairman of its Board of Directors
Following the successful implementation of a new investment strategy over the past five years, Gimv’s chairman will resign on the occasion of the next annual general meeting
Over the past five years, Gimv has developed a future-oriented investment strategy under the presidency of Dr. Ir. Urbain Vandeurzen. Its business model is now fully focussed on investments in growth companies and the active support of their growth ambitions. In its strategy, Gimv has made clear choices towards on-trend investment areas and it has organised its investment teams and portfolio in line with this approach. The changes in strategy are now also showing positively in the financial results.
Dr. Ir. Urbain Vandeurzen: “I am really pleased with the excellent performance of the Gimv team over the past years, in close interaction between the management and the board of directors. Gimv is ready to continue its development in becoming a leading European investment company. When the right time comes, new possibilities for Gimv's reference shareholding could be considered. It is in this context and in the best interests of Gimv that I will resign as chairman on the occasion of the next annual general shareholders' meeting of 29 June.”
Gimv expects to be able to provide further information on the succession of Dr. Ir. Urbain Vandeurzen as chairman of Gimv following the announcement of its full year results (19 May 2016).