ROTTERDAM, The Netherlands, May 29, 2002 (PRIMEZONE) -- Head N.V. (NYSE:HED)(VSX:HEAD), a leading global manufacturer and marketer of sports equipment announced today that Rene Jaggi has resigned as Chairman of the Supervisory Board due to a change in direction of his professional life. Jaggi has been Chairman of the Supervisory Board since 1996 and has made an important contribution to the company in his capacity as Chairman.
Johan Eliasch Chairman and CEO commented, "I would like to extend my sincere thanks to Rene for his contribution to the Head Group and wish him the best of luck in his future endeavours."
Head NV also announced that Robert van de Voort has been appointed to the Management Board of Head NV. The appointment took place at the AGM held yesterday in Amsterdam.
Van de Voort (46 years of age) is a lawyer and is the co-founder and managing director of the TMF Group of companies. This group is active in a wide range of financial services including corporate and structured finance. Van de Voort has a number of other board directorships and is a member of the supervisory boards of both the NationsBank and the Rheinische Hypothekenbank.
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