Posts Tagged ‘Pierre Rion’

EVS Parts Ways with CEO Joop Janssen Over Differing Opinions on Strategic Implementation

broadcast technology market research | Posted by Joe Zaller
Oct 13 2014

Production and playout video server specialist EVS announced that CEO Joop Janssen is leaving the company, effective as of October 14, 2014.

Jassen remains available to EVS as an advisor, allowing for a smooth transition.

The decision was made during a meeting on October 10, 2014, during which the company’s board of directors and Janssen mutually agreed to end the term of the office and duties of Janssen as managing director and CEO of EVS.

According to EVS, Jassen and the company are parting ways “due to differences in view about the implementation of the company’s long term strategy.”

EVS says its board of directors has launched the search for a new CEO.

In the interim, Muriel De Lathouwer, currently a member of the Board of Directors of EVS, chairing the Strategy Committee, has been appointed as the President of the Executive Committee. “I have great confidence in Muriel De Lathouwer’s capacities to perform this task, in close cooperation with the management team in place,” Pierre Rion added.

Jassen, who was named CEO of EVS in 2012, unveiled a new corporate strategy in early 2013 that focused EVS on four key markets: Sports, Entertainment, News and Media.  At that time, Janssen said the new strategy will “enable us to better deliver our investments in R&D and product innovation, help drive the expansion of our sales network, and continue to improve our user training and customer support and bring even better products to the market faster.”

“The entire Board of Directors would like to thank Joop Janssen for his work during the past two years. Under his leadership, the structure of EVS has been strengthened and professionalized, enabling the company to further grow in its four key markets: Sports, Entertainment, News and Media,” said Pierre Rion, Chairman of the Board of Directors of EVS.

Prior to joining EVS, Jassen was the Chief Executive of the Videocom division of the Vitec Group. During his nine years with Vitec Videocom he was the architect behind its significant profitable growth and brand expansion. Prior to that he was VP and General Manager of Phillips Broadcast (formerly BTS) North America where he was instrumental in the successful divestment to Thomson Multimedia and the subsequent acquisition of the Grass Valley Group. He has held senior and executive management positions including those at Philips Electronics Digital Networks in France and Philips Business Electronics in the Netherlands.

EVS says its board of directors has launched the search for a new CEO.

In the interim, Muriel De Lathouwer, currently a member of the Board of Directors of EVS, chairing the Strategy Committee, has been appointed as the President of the Executive Committee. “I have great confidence in Muriel De Lathouwer’s capacities to perform this task, in close cooperation with the management team in place,” Pierre Rion added.

During her career, Muriel De Lathouwer worked for Accenture, was Associate Principal at McKinsey and a member of the Executive Committee at Base (KPN). She is an Engineer from ULB (University of Brussels) and holds an MBA from INSEAD.

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Related Content:

Press Release: EVS Announces Departure of Joop Janssen, Managing Director and CEO

EVS Posts Record Revenue in 2012, Unveils New Strategy and Vision for Future

Press Release: EVS Broadcast Equipment Appoints Joop Janssen as CEO

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© Devoncroft Partners 2009 – 2014. All Rights Reserved.

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EVS CFO Jacques Galloy Departs Company

Broadcast technology vendor financials | Posted by Joe Zaller
Jul 08 2013

Production and playout video server specialist EVS announced that EVP and CFO Jacques Galloy is leaving the company to take up new challenges and pursue other private and professional projects.

 

Jacques Galloy

 

Here’s the full statement from the company:

EVS Broadcast Equipment SA, the leading provider of live video production systems, today announces the departure of its Executive Vice President and Chief Financial Officer (CFO), Jacques Galloy (42), representing Gallocam sprl, scheduled for late 2013.

After 12 years of dedication to the development of the group, 12 months after the introductory period of the new CEO, and now that the new organization is in place, he plans to take up new challenges and pursue other private and professional projects. In accordance with the Board of Directors, he shall accompany the transition until the arrival of a new chief financial officer, at the latest at the end of the year.

The Board of Directors and the Group CEO Joop Janssen, praise his hard work and professionalism: “Jacques Galloy skills have been an important asset for EVS and he has contributed greatly to the development of the group. We want to thank him for his service and we wish him the best for the future.”

“Developing EVS during those twelve years with this great team was an amazing experience”, said Jacques Galloy.

Pierre Rion, Chairman of the Board of Directors, said: “I am delighted that Jacques Galloy continues his Board mandate at least until his term at the Ordinary Annual General Meeting in May 2014.”

 

In article about his departure from EVS, Belgian newspaper Le Vif, described Galloy as “more than a CFO,” saying he played a role at the company “well beyond the scope of his official duties,” referring to Galloy’s expanded role following the departure of EVS co-founder and CEO Pierre L’Hoest in September 2011. At that time, the company announced that it had modified the structure of its executive committee by placing Galloy and two other executives  in charge of its technical, commercial, operational, corporate and financial functions until a new CEO was appointed.

In May 2013 EVS named industry veteran Joop Janssen CEO.  Jassen had previously been CEO of the Videocom division of the Vitec Group. Jassen announced a new strategy and vision for EVS in February 2013, along with record revenue and profits.

According to the Le Vif article, although Galloy had to “return to a little more restraint from the commitment of the new CEO Joop Janssen,” his departure from the company is not the result of a disagreement with the company. EVS board chairman Pierre Rion  told Le Vif that Jassen’s appointment “in no way prompted [Galloy’s] departure. We are all in excellent terms and Jacques Galloy will also remain a director of EVS. It is therefore rather see his departure as a new personal challenge. ”

Galloy joined EVS from broadcaster RTL where he worked for five years in a number of senior financial position.  Prior to RTL, he was a senior auditor at PwC.

EVS, one of the broadcast industry’s most profitable technology vendors, reported a Q1 2013 net profit of €10m on revenue of €32.8m, up 15.8 and 9.2% respectively versus the same period a year earlier.

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Related Content:

Press Release: Chief Financial Officer Jacques Galloy Leaves EVS Group

Le Vif Article: CFO Jacques Galloy leaves EVS (translated from French)

EVS Revenue up 9.2% in Q1 2013, Driven by Strong Performance in APAC

EVS Posts Record Revenue in 2012, Unveils New Strategy and Vision for Future

Press Release: EVS Broadcast Equipment Appoints Joop Janssen as CEO

EVS CEO Pierre L’Hoest Steps Down (Sept 2011)

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© Devoncroft Partners 2009 – 2013. All Rights Reserved.

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EVS CEO Pierre L’Hoest Steps Down

Broadcast technology vendor financials | Posted by Joe Zaller
Sep 30 2011

Production and playout video server specialist EVS announced that Pierre L’Hoest, the company’s co-founder and CEO has left the company.

Here is the full statement:

 

Liège (Belgium), September 29, 2011 – EVS Broadcast Equipment S.A. (Euronext Brussels: EVS.BR, Bloomberg: EVS BB, Reuters: EVSB.BR) (Pinksheets: EVBEF), the leader in Professional Digital Video applications for live, near-live and studio TV production, today announced the departure of Pierre L’Hoest, Managing Director and CEO. Following his departure, the Board of Directors has modified the composition of the Executive Committee, now composed of Michel Counson, Jacques Galloy and Luc Doneux. Under the leadership of Pierre Rion President of the Board, the Executive Committee will manage the technical, commercial, operational, corporate and financial functions of EVS, pending the announcement of a new management structure in early 2012.

 

On Thursday, September 29, 2011, the Board of Directors has taken note of the end of the mandates and functions of Pierre L’Hoest (and of his company Belinvest S.A.), including that of Managing Director of the company he founded with Laurent Minguet and Michel Counson, a position he held since 1994.

 

EVS has experienced a rapid growth and significant success in new market segments, which has doubled the workforce in the last 3 years, both at the headquarters in Liege and abroad. It is this impressive growth and prospects for the coming years that required a new system of governance. Since 2009, Pierre L’Hoest, the Board of Directors, and management of EVS have initiated a significant project to adapt the structure of EVS to allow the company to have all the advantages it needs for this new phase of growth. The establishment of the new team is a step in this process.

 

The entire Board of Directors wishes to thank Pierre L’Hoest for the passion he has brought throughout his engagement with EVS, since its inception“, said Pierre Rion, President of the Board of Directors of EVS. “His vision for the products and on-going concern for ergonomic applications have strongly driven the success of EVS. The newly implemented Executive Committee, which includes the presence of Michel Counson and managers who have proven themselves, allow us to envisage the succession of Pierre L’Hoest with confidence. I will personally undertake the link between the Executive Committee and the Board of Directors.”

 

Michel Counson, Managing Director and Co-founder of EVS, assumes the function of Chief Technical Officer (CTO).  Jacques Galloy assumes the roles of Director and Chief Financial Officer (CFO). Luc Doneux assumes the role of Head of EMEA, APAC & Major Events.

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Related Content:

Press Release: EVS Reports Revenue and Results for 2Q11 and 1H11

EVS Q2 2011 earnings presentation to equity analysts

Previous Quarter: EVS Q1 2011 Revenue Increases 8.7 Percent, Anticipating Strong Second Half of 2011

Previous Year: EVS Reports Strong Q2 2010 Results: Revenue up 61.2%, Operating Margins of 52.4%

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