Schiphol, the Netherlands - 2 May 2017. GrandVision NV (EURONEXT: GVNV) today announces that its current Chief Executive Officer, Theo Kiesselbach, plans to retire for personal reasons in 2018 after more than 16 years with the company. While the Supervisory Board regrets his decision it remains fully supportive of Mr. Kiesselbach and is pleased that he will continue in his current role until then.
GrandVision's Supervisory Board will now launch a search for the CEO succession. It is expected that the actual transition will take place in 2018, and only after a qualified successor has been identified and is successfully on-boarded.
In the meantime, Mr. Kiesselbach as well as the Supervisory Board remain fully committed to the further execution of GrandVision's current growth strategy. Also the governance and management structures will remain unchanged.
