Barco announced that Mr. Eric Van Zele, CEO, plans to retire later this 2016. In anticipation of Mr. Van Zele's retirement, the Board appointed Mr. Jan De Witte, a former corporate officer of the General Electric Company, as CEO-designate. Mr. Jan De Witte will join Barco's core leadership team in June 2016 to effectively take over as CEO as of 1 October 2016.

Mr. Van Zele will continue to serve on the Board of Directors to ensure continuity of leadership and strategic focus for the company. Mr. Jan De Witte was until recently president and CEO of General Electric's Global Healthcare IT activity.