D'Ieteren : Roland D’Ieteren to retire as Chairman of the Board of Directors at the Ordinary General Meeting of 1 June 2017. The Board of Directors has named Nicolas D’Ieteren as his successor
December 19, 2016 at 11:54 am EST
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After almost half a century of loyal service to the company, including 30 years as Managing Director and 42 as Chairman of the Board, Roland D'Ieteren, who will reach the 75-year age limit this coming January, has decided to retire with effect from the Ordinary General Meeting of 1 June 2017, in accordance with the group's rules of governance.
A meeting of D'Ieteren's Board today appointed Nicolas D'Ieteren to succeed Roland D'Ieteren as Chairman of the Board with effect from 1 June 2017.
Group profile
In existence since 1805, and across family generations, D'Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The group has currently three activities articulated around strong brands:
D'Ieteren Auto distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It is the country's number one car distributor, with a market share of more than 22% and 1.2 million vehicles on the road at the end of 2015. Sales and operating result reached respectively EUR 2.9 billion and EUR 60.4 million in 2015.
Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. Some 2,400 branches and 10,000 mobile vans, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass®, serve customers in 33 countries. Sales and operating result reached respectively EUR 3.2 billion and EUR 174.4 million in 2015.
Moleskine (>95% stake) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across 114 countries. Sales and operating result reached respectively EUR 128 million and EUR 35 million in 2015.
Financial Calendar
Last five press releases
(with the exception of press releases linked to
the repurchase or sale of own shares)
Next events
13 December 2016
D'Ieteren holds more than 95% of the shares in Moleskine
6 March 2017
2016 Full-Year Results
2 December 2016
Provisional results of the MTO on Moleskine shares
1 June 2017
General Meeting & Trading Update
10 November 2016
Launch of the mandatory tender offer on Moleskine shares
31 August 2017
2017 Half-Year Results
6 October 2016
Closing of the agreement to acquire a 41% stake in Moleskine
22 September 2016
Agreement to acquire a 41% stake in Moleskine
Contacts
Axel Miller, Chief Executive Officer
Arnaud Laviolette, Chief Financial Officer
Pascale Weber, Financial Communication - Tel: + 32 (0)2 536.54.39
D'Ieteren NV published this content on 19 December 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 December 2016 16:53:10 UTC.
Original documenthttp://www.dieteren.com/en/newsroom/group/2016/roland-dieteren-retire-chairman-board-directors-ordinary-general-meeting-1-june
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In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration;
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services;
- PHE (100% in economic rights - see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain;
- TVH (40% owned - equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment;
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform;
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.
D'Ieteren : Roland D’Ieteren to retire as Chairman of the Board of Directors at the Ordinary General Meeting of 1 June 2017. The Board of Directors has named Nicolas D’Ieteren as his successor
D'IETEREN GROUP 
