u-blox expands its executive committee team with new CFO

Thalwil, (PresseBox) - As of 1 August 2011, u-blox will expand its Executive Committee team with an additional member who will assume leadership of the finance department as CFO. The Board of Directors has appointed Mr. Roland Jud to this function. Mr. Jud is a seasoned financial expert with extensive experience built up through many years of service with publicly listed industrial companies.

Mr. Jean-Pierre Wyss, the current Head of Finance, has performed this function in addition to his role as head of logistics, production and quality since the founding u-blox in 1997. While Mr. Wyss has done an outstanding job, his multiple roles are expected to be unmanageable as the company continues to grow. The appointment of Mr. Jud will allow Mr. Wyss to focus on the further development and improvement of operational functions. Mr. Wyss remains member of the Executive Committee and of the Board of Directors.

Curriculum Vitae Roland Jud

Education:
Lic. oec. HSG, Swiss Certified Auditor (CPA), Certified IFRS / IAS Accountant

Previous roles:
2010-2011 Nexgen AG: CFO
2008-2010 Ascom Holding AG: Head Accounting & Reporting
1999-2008 Gurit-Heberlein Holding AG: Group Controller, Deputy CFO
1992-1999 KPMG AG: Consultant and Auditor

u-blox AG

u-blox (SIX: UBXN) is a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets. Our solutions enable people, devices, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video. With a broad portfolio of GPS modules, chips, and software solutions together with wireless modules and solutions, u-blox is uniquely positioned to enable OEMs to develop innovative solutions quickly and cost-effectively. Headquartered in Switzerland and with global presence in Europe, Asia and the Americas, u blox employs 200 people. Founded in 1997, u-blox is listed on the SIX Swiss Exchange.

(www.u-blox.com)

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