LUC SWITTEN IPTE MD
[BIZ: Genk, December 5] Following the death of Mr André Geboers (the director appointed by LRM) on October 17, 2007, Mr Freddy Daniëls was coopted as a director until the next general meeting on April 29, 2008. Huub Baren: “We are delighted that for the further extension of the IPTE group we can call on Luc Switten, who as a co-pioneer in IPTE's first years built up experience in the automation activity and who has also run our subcontracting activity for the past 6 years. In this way we are sure that our company is run by a person with wide-ranging experience and knowledge of our sector. In the contract manufacturing activity, Mr Switten has proven his ability to manage and motivate a group and work in a result-focused manner. As chairman of the Board of Directors I will be focusing in future more on group strategy and acquisition policy”. The company The company is sub-divided into two divisions. IPTE ‘Factory Automation’ is a market leader in the supply of production equipment for the electronics industry. The division develops manual, semi-automatic and turnkey automation systems for producing, testing and handling of printed circuit boards and for final assembly work. The ‘Contract Manufacturing’ division, Connect Systems Group, offers high quality, cost-effective production services to the professional industry. Activities include the production of cables and cable trees, PCB assembly and testing, production of semi-manufactures and final product assembly. The IPTE Group’s references include Barco, ASML, Alcatel-Lucent, Bosch, Delphi, Philips, Ericsson, Flextronics, Jabil, Johnson Controls, Lear, Continental, SCI-Sanmina, Siemens VDO and Visteon. The company presently employs about 2,500 people in facilities in Europe, the United States and Asia. Shares in the company, which was founded in 1992, are traded on NYSE Euronext Brussels.
IPTE has announced that its board has appointed Luc Switten managing director of the IPTE group effective January 1, 2008. Huub Baren will remain MD until the Annual General Meeting on April 29, 2008, and then he will succeed Eric Dejonghe as chairman of the board.
IPTE is a worldwide supplier of automated production equipment for the electronics industry and a provider of manufacturing services to electronic and industrial markets in Europe.
http://www.ipte.com/