John Farrell nominated to join the new LBi International N.V. as member of the Supervisory Board

    Nachrichtenquelle: GlobeNewswire
     |  01.06.2010, 16:28  |  202 Aufrufe  |   | 


    Mr John Farrell is nominated to join the Supervisory Board of LBi International
    N.V. as of the effective date of the merger of LBI International AB and Obtineo
    Netherlands Holding N.V., to be renamed LBi International N.V. The cross-border
    merger was announced in February 2010 and approved by the LBi shareholders in
    April 2010. The merger is expected to be completed in July 2010.

    John Farrell, a UK citizen, has over 20 years of business and change leadership
    experience at CEO level in marketing and communications agencies around the
    world. His most recent role was President and CEO of the Specialised Agencies
    and Marketing Services Worldwide division of Publicis Groupe and a member of the
    Publicis Groupe Worldwide Executive Team. Prior to this John was the Global
    Chief Executive of D´Arcy Masius Benton & Bowles one of the world´s top 10
    advertising and communication networks. He currently holds corporate board
    positions at Huntsworth Plc, Media Equals Ltd, Albermarle & Bond Holdings Plc
    and Albion Brand Communication Ltd., as well as several other senior consultancy
    roles.

    Fred Mulder, Chairman of the Board of Directors of LBi, commented: "We are very
    pleased to have John joining us as a Supervisory Board member. In the marketing
    and media industry John is widely respected; his wealth of experience will be of
    great value to LBi, as we are meeting growing demand of global blue chip
    companies looking for one agency providing services across geographies .We are
    looking forward to work with him as we continue to develop LBi as the global
    leader in digital marketing and technology services and as we continue to
    capitalise on the structural shift in spend from offline to online channels."

    LBi International N.V. is anticipated to obtain a new single listing on NYSE
    Euronext Amsterdam in July of this year in conjunction with the completion of
    the merger process.

    As of the effective date of the merger, the Supervisory Board of LBi
    International N.V. will further consist of Mr Fred Mulder (Chairman, ), Mr George
    William Fink, Mr Joost Tjaden  and Mrs Nazo Moosa.


    For further information please contact:
    Fred Mulder, Chairman of the Board, LBI International AB
    +3120 460 4500,   fred.mulder@lbi.com


    Eva Ottosson, Group Communications Manager, LBI International AB
    +46 709 41 21 40, eva.ottosson@lbi.com

    About LBi:
    LBi is a global digital marketing and technology agency, blending insight,
    creativity and expertise to solve business problems.  The largest genuinely full
    service agency of its kind in Europe, LBi provides  the full range of digital
    capabilities, including digital strategy, branded content, service design,
    media, CRM, technology, managed hosting and support services. The Company
    employs over 1,400 professionals located primarily in the major European
    , American and Asian business centres, such as Amsterdam, Atlanta, Berlin,
    Brussels, Copenhagen, London,   Milan, Mumbai,   New York, Paris and Stockholm.
    LBi is currently listed on NASDAQ OMX in Stockholm and  NYSE Euronext in
    Amsterdam (symbol: LBI).

    LBi to merge with Obtineo
    On 25 February 2010 LBi announced the merger with Obtineo to create Europe´s
    largest marketing and technology agency with a total staff to approximately
    1,600 professionals across 15 countries.  Obtineo is a combination of
    Bigmouthmedia, the largest search engine marketing specialist in  Europe and EUR
    40 million of new capital, underwritten by Janivo, Cyrte and The Carlyle Group,
    committed towards global expansion of the combined entity.  The merger is
    expected to be completed in July.  The merged entity, which will trade under the
    name LBi, will be a Dutch N.V. with a single listing at NYSE Euronext Amsterdam.


    [HUG#1420718]

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