- This topic has 0 replies, 1 voice, and was last updated 9 years, 9 months ago by
.
-
Posts
-
Canon Appoints New Pres/CEO for Europe, Middle East & Africa
LONDON, April 2012 — Canon, world-leader in imaging solutions, today announced the appointment of Rokus van Iperen as the new President & CEO of Canon Europe, Middle East and Africa (EMEA). He becomes the first European to lead Canon’s business across the EMEA region, succeeding Ryoichi Bamba, who is retiring after four years in the role and 40 years with Canon.
Van Iperen takes over an organisation that delivers world leading imaging products and services to millions of consumers as well as business and medical customers throughout the EMEA region, and contributes the largest regional share of total revenues for Canon Inc. He moves to his new role from within the Canon Group, having served as Chairman & CEO of Océ N.V. since 1999. Océ N.V. was acquired by Canon Inc. in March 2010.
"I am honoured to be the first European to assume leadership of Canon’s business in the EMEA region," said Rokus van Iperen, President & CEO, Canon Europe, Middle East and Africa. "I have always admired Canon for its world-class track record in innovation and strong business performance. After working closely with Canon over the last few years, I look forward to overseeing the integration of Canon and Océ in EMEA, and to driving continued business growth for Canon throughout the region."
Van Iperen joined Océ in 1978. After several posts within R&D, he became responsible for the Printing Systems business unit in 1989. He served as Managing Director of Océ-Belgium N.V. from 1992 until being appointed to the Executive Board of Océ N.V. in 1995. Key achievements for Van Iperen at Océ N.V. include the acquisitions and subsequent integration of the Siemens Nixdorf Printing Division and Imagistics Inc. into the Océ organisation. He is a graduate in Mechanical Engineering from the Technical University of Eindhoven.
http://www.bloomberg.com/news/2012-04-02/canon-to-combine-1-billion-oce-purchase-after-delay.html
Canon to Combine $1 Billion Oce Purchase After Delay
Canon Inc. , the world’s largest camera maker, will start combining Dutch printer maker Oce NV (OCE) with its own business after the acquisition was delayed by two years, according to the new head of its European division.Canon’s $1 billion takeover of Oce, its largest ever purchase, was held up after the company failed to gain outstanding shares. Tokyo-based Canon finally acquired the remaining 10 percent stake from Orbis Funds at the end of last year, said Rokus van Iperen.
“We had a delay of two years in terms of integration,” he said today in a telephone interview. Canon today named Van Iperen as new chief executive officer for its business in Europe, the Middle East and Africa, taking over from Ryoichi Bamba, who is retiring. Van Iperen is the the first non-Japanese executive to lead Canon’s business in Europe.
Europe’s debt crisis and a stronger yen, which cuts the repatriated value of overseas earnings for Japanese exporters, has dampened Canon’s outlook. The company will maintain Oce’s manufacturing base in the Netherlands, as it seeks to move more factories outside Japan. The strategy serves as a “natural hedge to compensate for currency fluctuations,” van Iperen said.
The company will combine Oce’s sales and marketing units with its own business, the executive said today. While no decision has been yet made on headcount, “there’s limited overlap in personnel,” he said.
Canon in Nov. 2009 agreed to pay 8.60 euros a share for Venlo, Netherlands-based Oce. In January, Canon said it had offered 9.75 euros a share to buy outstanding shares.
- You must be logged in to reply to this topic.