New Biretco CEO expected soon

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Tuesday, June 26, 2007

BREDA, the Netherlands - The announcement of Biretco’s new CEO is soon to be expected. The successor of Ron te Riele, who suddenly left the retail organisation last March, will be presented within a few weeks.

To fill in the CEO vacancy, the Biretco management had listed a profile at several head-hunters out of which a list of potential candidates was compiled. At the moment these candidates are being interviewed. The Biretco management will be reported on the basis of these findings. This will finally lead to the choice of the new CEO.

Biretco expects Te Riele’s successor to start in the course of September or October. This depends of course on the availability of the final candidate. With the appointment of a new CEO, Biretco hopes to get back to business as usual and focus on the strategy for 2008.

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