TECHNICOLOR : Technicolor Appointments

ISSY-LES-MOULINEAUX CEDEX, France, Feb. 19, 2015 (GLOBE NEWSWIRE) -- Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) announces in conjunction with today's announcement of the launch of Drive 2020, the following appointments:

  • Michel Rahier is appointed Directeur general adjoint ("Deputy CEO") continuing his responsibility for Connected Home and leading the continuous operational transformation of the company.
  • Stephane Rougeot is appointed Directeur general adjoint ("Deputy CEO") continuing in his Finance responsibilities and managing the Technology Division headed by Boris Teksler.
  • Tim Sarnoff is appointed Directeur general adjoint ("Deputy CEO") continuing to manage Production Services and taking responsibility for entertainment customers relationships.

Frederic Rose, Technicolor CEO, stated "As we launch Drive 2020, Technicolor is very fortunate to have such a strong senior management team to drive the execution of this new strategic plan. These appointments will, in particular, allow me to focus on developing non organic growth opportunities and other key strategic initiatives in the context of Drive 2020."

About Technicolor

Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.
Euronext Paris: TCH www.technicolor.com

Technicolor shares are on the NYSE Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (TCLRY).


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