François de Carbonnel is appointed Chairman of the Board of Thomson
4/9/2008
Paris (France) - The Board of Directors of Thomson (Euronext Paris: 18453, NYSE: TMS) met today and unanimously appointed François de Carbonnel as Chairman of the Board of Directors.
There is no change to Julian Waldron's role as interim CEO and CFO
François de Carbonnel joined the Board of Thomson on April 2007 and is currently head of the Group's Audit Committee.
Commenting on his appointment, François de Carbonnel said "As non-executive Chairman, my priority for the coming months is to ensure the Group maintains momentum. Thomson has tremendous assets and talented people and a motivated senior executive team led by Julian Waldron in which the Board has absolute confidence. I look forward to taking on this role and working with the Board as a whole to enhance value for all Thomson shareholders. The Board will now review the senior executive team's assessment of our current situation and outlook. Our financial and operational priorities will be communicated with our Q1 sales on the 16th April."
François de Carbonnel – Biography
Formerly President of GE Capital and Citigroup, Mr. de Carbonnel is a consultant/corporate finance advisor in Europe and in the USA. He is on the board of Pages Jaunes S.A. and of Quilvest S.A.
Managing director of Citigroup from 1999 to 2004, François de Carbonnel has been Chairman and Chief Executive Officer of MIDIAL, from 1994 to 1998. He has been also Chairman of General Electric Capital SNC, the Holding Company for SOVAC and Credit de l'Est, and a subsidiary of GE Capital Inc.,President of GE Capital-Europe, and of the consulting company SPA (Strategic Planning Associates, Inc.), he was also vice-president of the Boston Consulting Group.
He received a Master of Sciences Degree in Industrial Administration from Carnegie-Mellon University in the USA (1972). He also received a Master in Economics from the Lyon Université (1970) and an Engineering Diploma from the Ecole Centrale de Lyon (1970). He is a “Chevalier de la Légion d’Honneur”.
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Certain statements in this press release, including any discussion of management expectations for future periods, constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements due to changes in global economic and business conditions, ”media and entertainment” markets, and regulatory factors. More detailed information on the potential factors that could affect the financial results of Thomson is contained in Thomson's filings with the U.S. Securities and Exchange Commission.
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Thomson (Euronext Paris: 18453; NYSE: TMS) provides technology, services, and systems to help its Media, Entertainment & Communications clients – content creators, content distributors and users of its technology – realize their business goals and optimize their performance in a rapidly changing technology environment. For more information: http://www.thomson.net.