SMARTRAC N.V. has announced the changes in the Management Board of the Company. The Supervisory Board will propose the appointment of M. Gregory O'Hara as Director A and Member of the Management Board at the SMARTRAC General Meeting of Shareholders. O'Hara shall also be appointed Chief Executive Officer and Chairman of the Management Board.
Ā
Dr. Christian Fischer is said to resign from his position as CEO and Chairman of the Management Board of SMARTRAC N.V. He will, however, continue to serve as Director A of SMARTRAC N.V until December 31, 2012, and support O'Hara in a transition role until the end of 2012.
