Barco CEO Jan De Witte has resigned, effective September 1. He will be replaced by Charles Beauduin and An Steegen, who will serve as co-CEOs. They will start respectively on September 1 and October 1.
As CEO, De Witte has played a crucial role in the turnaround of Barco since 2016. He brought focus to the company, strengthened the leadership team, streamlined the portfolio towards a solutions strategy, strengthened the digital capabilities, and further internationalized and activated the company with a more performing and resilient culture. He also steered the company through the difficult COVID-19 period.
De Witte said, “I am proud of what we have achieved together with the leadership team and the entire organization over the past five years, with the support and trust I have enjoyed from Charles and our board members. During the COVID-19 period, Barco has been able to strengthen its resilience and growth opportunities, and is in a position to fully maximize these in the next chapter under the leadership of Charles and An. “
With Beauduin’s years of experience as a business leader at Van de Wiele NV and with Steegen’s years of experience as a technology and innovation leader at IBM, imec and Umicore, and with their backgrounds as members of the board of directors of Barco, the two form a perfect tandem to lead Barco in the coming years. With this choice, the company says that Barco is more than ever committed to innovation, growth, and entrepreneurship. Moreover, the focus remains on the further internationalization of the company in view of worldwide commercial and technological leadership in the various markets.
The company has appointed Frank Donck, independent director at Barco since April 2015, as chairman of the board of directors to replace Beauduin, also effective September 1.
“Together with the board of directors, I would like to thank and express my gratitude to Jan for all the changes he has realized at Barco during his five years of leadership,” Beauduin said. “With his management experience, he was the driving force for more focus and for a more professionally managed and international organization. We are also very pleased that Jan has agreed to advise us in the transition until the end of 2021.”
“Digitalization is changing our society at a rapid pace,” said Steegen. “New experiences, more insights and more connectedness are at the centre. This is a great opportunity for Barco, already a world leader in visualization and collaboration technologies, to differentiate and grow more than ever through its breakthrough innovations. I look forward to working with Charles and the entire team to build a promising future for Barco.”