Kitron: Asa-Matti Lyytinen to resign as chairman

(2014-01-21): Kitron (the "Company") announces today that Asa-Matti Lyytinen has informed the Company of his decision to resign as chairman of the board. In order to facilitate an orderly transition, he will stay in position until a new chairman has been elected. The Company's nomination committee will start the process of evaluating his replacement, and the board of directors will summon a general meeting for election of a new chairman in due time...

(2014-01-21): Kitron (the "Company") announces today that Asa-Matti Lyytinen has informed the Company of his decision to resign as chairman of the board. In order to facilitate an orderly transition, he will stay in position until a new chairman has been elected. The Company's nomination committee will start the process of evaluating his replacement, and the board of directors will summon a general meeting for election of a new chairman in due time.

 

For further information please contact:

Dag Songedal, interim CEO of Kitron ASA, tel. +47 91 38 64 68 or e-mail

[email protected]

 

Asa-Matti Lyytinen, Chairman of the board of Kitron ASA, tel. +358 40 514 2007

 

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence, Energy/Telecoms,Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.7 billion in 2012 and has about 1,200 employees. www.kitron.com

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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