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Intertrust announces CFO transition and welcomes new CFO Maarten de Vries

Freitag, 25.11.2016 07:15

Intertrust announces CFO transition and welcomes new CFO Maarten de Vries

Amsterdam - November 25, 2016 - Intertrust N.V. ("Intertrust" or "Company") [ticker symbol INTER], the leading global provider of high-value trust and corporate services, announces that Ernesto Traulsen, CFO and Management Board member will be stepping down after 10 years in this position with the Company. Maarten de Vries will join the Intertrust Management Board as CFO from January 16, 2017, subject to shareholder and regulatory approval. Ernesto will stay on to assist during the transition until March 31, 2017.

Maarten brings more than 25 years of experience in finance and international business in publicly listed companies, including several executive roles. He is currently CFO and member of the Executive Board of TNT Express N.V. since July 1, 2014. Before that, he was CEO of TP Vision, a joint venture between TPV and Royal Philips N.V. Prior to this, he held various roles at Royal Philips at Group Management Committee level, including Chief Information Officer, Chief Supply Officer and divisional CFO.

"We are pleased to welcome Maarten to Intertrust," said David de Buck, CEO. "His impressive track record of driving financial operations within a listed environment, managing growth and leading strategic M&A programs will be a valuable asset to us as we continue to grow organically and through acquisitions."

David continued, "I would like to thank Ernesto wholeheartedly for his outstanding contribution to Intertrust over the past decade. He has helped build Intertrust to the company we are today. Ernesto has been instrumental in building a strong global financial function and pursuing a solid partnership with the business while supporting the operational and strategic objectives of the Group. It has been a great personal pleasure for me to work with Ernesto on our many successful acquisitions and subsequent integrations and, of course, the highlight to date, our listing on Euronext Amsterdam Stock Exchange last year. We wish him all the best in his future endeavors."

"I have enjoyed this role, particularly working with such a professional team at Intertrust", said Ernesto. "I will focus now on making sure that the handover of responsibilities is as seamless as possible. I am confident that, with the strategic plan in place, Intertrust will capitalize on excellent growth opportunities ahead."

For further information
Intertrust N.V.                                                             
Anne Louise Metz                                                          
Director of Investor Relations, Marketing & Communications
Tel: +31 20 577 1157

About Intertrust
Intertrust is the leading global provider of high-value trust and corporate services, with approximately 2,400 employees located throughout a network of 41 offices in 30 jurisdictions across Europe, the Americas, Asia and the Middle-East. The Company focuses on delivering high-quality, tailored services to its clients with a view to building long-term relationships. Intertrust's business services offering is comprised of corporate services, fund services, capital market services, and private wealth services. Intertrust has leading market positions in selected key geographic markets of its industry, including the Netherlands, Luxembourg, the Cayman Islands and Jersey. Intertrust works with global law firms and accountancy firms, multi-national corporations, financial institutions, fund managers, high net worth individuals and family offices.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intertrust Group via Globenewswire