Change of Chairman at Tessenderlo Chemie

Stefaan Haspeslagh to succeed Gérard Marchand as new chairman of the Board of Tessenderlo Chemie

The director's mandate of Mr Gérard Marchand has ended at the end of the ordinary general meeting of shareholders of the company of June 3, 2014. The Board of Directors of June  3, 2014 has appointed Mr Stefaan Haspeslagh as new chairman of the Board of Directors.

The Board of Directors looks back on Gérard Marchand's commitment with great respect and thanks him for the many years of service to the company, first as chairman/CEO from 1986 to 2010 and subsequently as chairman of the Board of Directors since 2010. In order to express its gratitude, the Board of Directors has granted Gérard Marchand the title of "honorary chairman of the Board of Directors".

Tessenderlo Groupis a worldwide specialty company, focused on food, agriculture, water management and on valorizing bio-residuals. The group employs about 5,000 people and is a leader in most of its markets, with a consolidated revenue of 1.8 billion EUR in 2013.  Tessenderlo Chemie NV is listed on NYSE Eurolist by Euronext Brussels and is part of Next 150 and BEL Mid indices. Financial News wires: Bloomberg: TESB BB - Reuters: TesBt.BR - Datastream: B:Tes

Investor Relations

Kurt Dejonckheere
+32 2 639 18 41

This press release is available on the corporate website www.tessenderlogroup.com  under "News & Media"