By: E&P Staff
Punch Graphix plc announced today the death of its CEO, Dick Tilanus. A result of complications following a routine operation, Tilanus’ death was “wholly unexpected,” Punch Chairman Geoffrey White, said in a statement.
The company did not state when its CEO died. Punch Graphix Americas executives were notified yesterday.
Headquartered in Lier, Belgium, Punch bought UV digital platesetter developer basysPrint in 2004. It also acquired another CTP developer, Strobbe Graphics, as well as digital press developer Xeikon. Punch also manufactures Agfa’s polaris and Advantage platesetters.
The company said it will soon appoint a new CEO. In the interim, Chief Financial Officer Jan Smits assumes the role of acting chief executive, with assistance from Ken Humphreys, one of the Punch’s non-executive directors.
Smits, 47, was appointed chief financial officer when Punch Graphix was formed last March. He joined parent company Punch International as finance director in 1990, and in 1999 became managing director while retaining responsibility for finance and administration. Smits was involved in the initial public offering of Punch International in 1999. He started his career at Coopers & Lybrand in Belgium, where he studied commercial engineering and tax science.
Humphreys, 58, spent 35 years with Royal Philips Electronics BV, working in the United Kingdom, the Netherlands, Belgium, and Austria in a range of senior positions, including that of executive vice president of the Consumer Electronics Division.