Belden Inc., a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, announced today that it has expanded the size of its board to 10 members and appointed Steven Berglund as a Director and member of the Compensation Committee. Mr. Berglund currently serves as the President and Chief Executive Officer at Trimble Navigation Limited, a leader in global positioning technology and wireless communications. His prior experience includes senior leadership roles at a variety of successful companies over the past 33 years.
John Stroup, President and Chief Executive Officer of Belden, said, "We are delighted to welcome Steve Berglund to Belden's Board of Directors and the Compensation Committee. His impressive experience as an acting CEO within the technology space will provide immeasurable value to Belden's Board."
The Board of Directors also today declared a regular quarterly dividend of five cents per share payable on January 3, 2014 to all shareholders of record as of December 16, 2013.
Source: Belden Inc.