Benefon Announces New CEO.SALO, Finland Salo (IPA: [ˈsɑlo]) is a town and municipality of Finland. It is located in the province of Western Finland and is part of the Finland Proper region. -- Benefon OYJ OYJ Julkinen Osakeyhtiö (Finnish: public limited company) , a leading provider of navigation applications and location based solutions, today announced the appointment of Jonathan Bate Jonathan Bate CBE (born June 26, 1958) is a British scholar of Shakespeare, Romanticism and Ecocriticism. He was educated at Sevenoaks School and the University of Cambridge. to the position of Chief Executive Officer. "The appointment of Jonathan as our CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. is indeed another major milestone in the company's history ," said Benefon Chairman Brian Katzen. "Jonathan brings a wealth of international experience from some of the worlds best companies and has a proven track record in growing sales whilst improving company profitability. The partnership is perfect and we intend to aggressively expand our market share under Jonathan's leadership in a highly profitable manner." Katzen added. "The qualities that attracted me to Benefon, were their technology and innovation and the way in which it plans to utilize such technology in growing its business."said Bate bate 1 tr.v. bat·ed, bat·ing, bates 1. To lessen the force or intensity of; moderate: "To his dying day he bated his breath a little when he told the story" . "Benefon is poised to capitalize on its 18 years of experience in telematics and navigation and will leverage that into delivering applications and solutions in a number of ways on a global basis." Mr. Bate has over 16 years of international management experience in the mobile phone and consumer electronics sectors. He was most recently the Vice President of Siemens Northern Europe, where he was instrumental in increasing profitability by 300 percent in 24 months and doubling market share to 19 percent. Previous to this he was Managing Director of Siemens UK & Ireland where he established Siemens Mobile as the number 2 player in the UK. His leadership roles also include positions at Samsung Electronics, Philips and Motorola. Michael Vucekovich from Octagon Capital, Benefon's largest shareholder added "Whilst Jonathan is a real coup for the company, Tomi Raita rai·ta n. An Indian salad made with yogurt and chopped vegetables or fruits, such as cucumbers, spinach, or bananas. [Hindi r successfully lead the company out of reorganization and will play a major part in the long term future of the company. He was instrumental in the new appointment and will now become the company's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. ." Benefon's latest Integrated GPS/GSM navigation and telematics device will ship to customers in the fourth quarter of 2005. The device will feature personal navigation combined with location based services and will initially launch in the UK and China and thereafter a global rollout of the product is scheduled. For more information about Benefon please visit www.benefon.com |
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