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Velcro Industries N.V. and Velcro Group Corporation Appoint Scott Filion as Interim CEO

Filion Currently Serves as President of Velcro Americas

BOSTON – Sept. 24, 2014 – 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 Companies:

Velcro Companies is a technology-driven, global organization providing fastening solutions that solve problems in simple, elegant and surprising ways for businesses and consumers around the world. We have a heritage of innovation spanning more than 50 years and own over 400 active patents and numerous trademarks, including the VELCRO® trademark, which is registered throughout the world. We develop and deliver solutions for customers through an integrated production and service system that includes manufacturing locations in the United States, Canada, Mexico, Spain and China and sales offices around the world. To buy genuine VELCRO® brand products and to find out more about our company, visit www.velcro.com.

Note to editors:

At Velcro Companies, we are proud that VELCRO® brand products have become a part of everyday life, but that ubiquity sometimes produces confusion. The VELCRO® trademark should be used only when referring to genuine VELCRO® brand fasteners.  Non-VELCRO® brand products should be identified by their functional terms, such as “hook and loop,” “self-adhesive straps,” and so forth.  The VELCRO® mark should always be used as an adjective and never as a noun or a verb.  The term “Velcro Companies” should be used when referring to our company and its executives.

The proper use of the VELCRO® trademark assists us in safeguarding the integrity of the VELCRO® brand, and helps to protect consumers from products incorrectly sold as VELCRO® brand products.  For further information on the proper use of the VELCRO® trademark, please see the guidelines on our website.

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Media Contact

Amy Thompson

FleishmanHillard
amy.thompson@fleishman.com
617.692.0508

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