Change of Leadership for SMARTRAC’s Management Board

Dec. 12, 2014 - PRLog -- Amsterdam, The Netherlands, December 12, 2014 -- SMARTRAC’s Chief Executive Officer (CEO) and Chairman of the Management Board, Clemens Joos, has decided to resign from his position with immediate effect.

The Supervisory Board has appointed Christian Uhl, currently the company’s Chief Financial Officer (CFO), as CEO and Chairman of the Management Board with immediate effect. Christian Uhl will retain the position of CFO until a replacement is appointed.

“Clemens Joos has played an important role in reshaping the company since he joined us,” said Lee Gardner, Chairman of the Supervisory Board of SMARTRAC. “The Supervisory Board would like to express its sincere gratitude to and high regard for Clemens Joos, and wishes him all the very best in his future endeavors.”

“SMARTRAC will continue to follow its defined strategy, and will remain focused on the further expansion of its position as the leading RFID company worldwide. Christian Uhl has a deep understanding of the company and of the market. As CFO and a member of the Management Board, Christian has played a critical role in the leadership and strategic development of SMARTRAC. Having worked with Christian for the past several years, the Supervisory Board has the utmost confidence in his ability to lead the company forward successfully, and looks forward to working with him as CEO”, said Gardner.

Christian Uhl joined the company in May 2006 as Director Corporate Accounting, Controlling and Finance, before becoming Chief Financial Officer in 2008. Prior to joining SMARTRAC, he was a Principal of Roland Berger Strategy Consultants’ Competence Centre for Restructuring and Corporate Finance. Christian Uhl holds a degree in business administration from the University of Bayreuth, Germany.

About SMARTRAC:
SMARTRAC is the leading RFID technology company in the production of both ready-made and customized products and services. SMARTRAC makes products smart, and enables businesses to identify, authenticate, track and complement product offerings. The company’s portfolio is used in a wide array of applications: access control, animal identification, automated fare collection, automotive, border control, contactless payment, electronic product identification, industry, libraries and media management, laundry, logistics, retail, public transport, and many more. Leveraging its global R&D, production and sales network, SMARTRAC’s solutions combine physical products with digitally based services to empower the ecosystem of connected things. SMARTRAC has its registered headquarters in Amsterdam, the Netherlands. For more information, visit www.smartrac-group.com and follow us on Twitter: www.twitter.com/SMARTRAC_NV

Media contact: SMARTRAC TECHNOLOGY GROUP, Karin Fabri, Head of Corporate Communications & Marketing, Phone: +31 203 050 150, Email: media.relations@smartrac-group.com

Contact:
Christian Achenbach
SMARTRAC TECHNOLOGY GmbH
Stuttgart branch
Albstrasse 14
Stuttgart, Germany, 70597
+711656925189
christian.achenbach@smartrac-group.com
http://www.smartrac-group.com