Filion Currently Serves as President of Velcro Americas

BOSTON - Thursday, September 25th 2014 [ME NewsWire]

(BUSINESS WIRE) -- Velcro Industries N.V. and Velcro Group Corporation today announced the appointment of Scott Filion as interim CEO for the company globally. Filion replaces Alain Zijlstra and will continue to serve as President of Velcro Americas. Filion will serve as interim CEO while the company executes a search for a new CEO. While there is a change in senior leadership, the company’s commitment to innovation in fastening solutions remains steadfast.

“Scott Filion will be an outstanding interim leader while we search for a new global CEO. He has served as President of Velcro Americas for four years and as an employee for eighteen years. He has in depth knowledge of our people, business and customers,” said Amy Tennent, Chairman of the Board of Directors for Velcro Industries N.V. “The Company has a tireless commitment to innovation in fastening technologies and solutions. Our dedication to our employees and customers has never been stronger and we are excited to have Scott at the helm.”

About Velcro Industries

Velcro Industries together comprise a technology-driven, global organization providing fastening solutions that solve problems in simple, elegant and surprising ways for businesses and consumers around the world. With more than 50 years of experience, Velcro Industries is proud of their heritage in innovation. Velcro Industries B.V. owns over 300 active patents and numerous trademarks, including the VELCRO® mark which is registered throughout the world. Velcro Industries offers global resources for world-class solutions, with manufacturing locations in Spain, the United States, Canada, Mexico, and China and sales offices around the world.

Contacts

FlieshmanHillard

Greg Winter, 617-213-0145

Greg.winter@fleishman.com

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