CIMdata PLM Industry Summary Online Archive
4 September 2007
Company News
LMS Strengthens Board With the Appointment of Luc Missorten as External Director
LMS announced the appointment of Mr. Luc Missorten to the Board of Directors of LMS. Luc Missorten has built an extensive management experience with leading international corporations. Until recently, he held the position of Executive Vice President and Chief Financial Officer at UCB, a leading global biopharmaceutical company. Prior to joining UCB, Mr. Missorten was Executive Vice President and Chief Financial Officer at INBEV, the world's leading brewer which is headquartered in Leuven, Belgium, and at Labatt Brewing Company Ltd., based in Toronto. He started his career as associated council at leading law firm De Bandt, Van Heckke & Lagae, followed by multiple Vice President positions at Citibank in legal, taxes, product development and corporate finance, mergers and acquisitions. Luc Missorten holds a degree in law from the Catholic University of Leuven and a Masters of Law from Berkeley University of California.
"I am pleased to announce the appointment of Luc Missorten as new member of the Board of Directors at LMS," said Dr. Urbain Vandeurzen, chairman and CEO, LMS. "Throughout his career, Luc Missorten gained an extensive experience in strategic, operational and financial management at large international corporations. He has been leading a number of strategic acquisitions at UCB and INBEV, and has a strong track record in the successful operational integration of acquired companies. As new member of the Board, Luc will support us in further developing our international growth strategy and in shaping strategic projects to realize accelerated growth."
"I am truly impressed by the growth path and the innovation power of LMS, one of the most successful high-tech companies in Flanders, and I really look forward to joining the Board of Directors of the company," commented Luc Missorten. "LMS combines a strong vision with an articulate strategy for growth, market leadership and strong financial performance. I am convinced that my experience will reinforce the management team of LMS in defining and realizing future strategic projects."
The LMS Board of Directors currently comprises three LMS executive directors, Dr. Urbain Vandeurzen (chairman and CEO), Dr. Jan Leuridan (executive vice president and CTO), Tom Curry (executive vice president and CMO), and two independent directors, Hugo Levecke (former CEO of LeasePlan) and Tilman Schad (former chairman, president and CEO of CoCreate Software).
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