Sipko Schat to step down from Rabobank Executive Board
(Thomson Reuters ONE) -
Sipko Schat will step down from the Executive Board of Rabobank Netherlands with
immediate effect. The Supervisory Board has made this decision despite the
regulators' support for Sipko Schat. The reason for this is that it has recently
become apparent that there is insufficient support from the local member banks
for him staying.
Chairman of the Supervisory Board Wout Dekker: "It was a difficult decision to
make for all parties." Rinus Minderhoud, Chairman of the Executive Board, adds:
"We lose a top international banker; a well-esteemed colleague who has
contributed a great deal to Rabobank."
Due to the existing sensitivities around compensation upon departure, Rabobank
will consult an independent third party to make a decision on the conditions of
the departure.
The Supervisory Board expects to be able to announce a new member of the
Executive Board within a reasonable time.
For enquiries:
Hendrik Jan Eijpe, head of press office Rabobank Group: +31 30 213 0869;
h.a.j.m.eijpe(at)rn.rabobank.nl
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Rabobank via Thomson Reuters ONE
[HUG#1743905]
Unternehmensinformation / Kurzprofil:
Datum: 18.11.2013 - 14:30 Uhr
Sprache: Deutsch
News-ID 317664
Anzahl Zeichen: 1692
contact information:
Town:
Utrecht
Kategorie:
Business News
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"Sipko Schat to step down from Rabobank Executive Board"
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