News
Lyon, June 15th, 2004
Varioptic S.A to strengthen its management team With Jean-Jacques Louard as Vice President Engineering and Bernard Reymann as Chief Financial Office
Varioptic S.A (www.varioptic.com), pioneer in electrowetting technology, today announces the appointment of Jean-Jacques Louard as its Vice-President, Engineering and Bernard Reymann as its Chief Financial Officer (CFO). This announcement, 2 months after the 10 M€ serie-B financing round announcement (PolyTechnos Funds and Sofinnova Partners), confirms Varioptic’s will to further develop Varioptic by hiring the best people.
Jean-Jacques Louart, Vice President, Engineering
Mr. Louart brings 25 years of experience overseeing the launch and manufacture of electronic components, both for early stage companies and for IBM. At Pixtech, a 200 person early stage company manufacturing field effect displays, he served as VP, Operations. His achievements at Pixtech include leading the company’s manufacturing efforts to drive yield rates from 10% to 70%, reduce cycle time by 30% and reduce operating costs by 30%. He also oversaw the technology transfer to outsourced production. Prior to Pixtech, Mr. Louart worked in a variety of management positions in electronics and equipment manufacturing firms, including 18 years at IBM’s semiconductor manufacturing division. He has also held several consulting positions, improving manufacturing processes and instituting Total Quality Management (TQM) programs. Mr. Louart holds an MBA from the Centre de Perfectionnement aux Affaires (CPA) Paris, and is a former jet fighter pilot officer for the French air force.
Bernard Reymann, CFO
Mr. Reymann has 19 years of financial experience, holding a series of progressively responsible positions in electronics and food companies. His most recent position was CFO at Temex. In addition to his role as CFO at Temex, he was a member of the company’s board. At Temex, Mr. Reymann had overall financial responsibility for group sales of over 100 M€ and operations at four locations in France as well as locations in four other countries. Mr. Reymann was responsible for all financial reporting, general and cost accounting, budgeting, bank relationships, and investment analysis. In addition, he oversaw the financial aspects of a large acquisition and the reorganization of a subsidiary’s finance department. He has also been responsible for managing the staffs of financial, payroll and human resource departments. Mr. Reymann holds a Diplome d’Ingenieur Commercial IES, with a specialization in audit and financial control, and has advanced financial training from IHFI (Institut de Haute Finance) and DECF.
About Varioptic
Founded in 2002, Varioptic pioneers the development of Electrowetting Technology for revolutionary Auto Focus lenses and Zooms with absolutely no moving parts. These products feature several crucial advantages versus traditional technologies in terms of cost, dimensions, power consumption and speed. Varioptic maintains its technology leadership thanks to its heavy investment in R&D. Varioptic is located in Lyon (France) and headed by Etienne Paillard, CEO and founder and inventor Bruno Berge (CTO) . For more information, please visit www.varioptic.com.
Press Contact:
Isabelle Jourdain
Communications Manager, Varioptic
[email protected] Phone : +33 1 48 25 57 26 or +33 6 87 71 20 95
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