AkzoNobel announces new structure for Executive Committee
(Thomson Reuters ONE) -
July 25, 2017
AkzoNobel today announces a new structure for its Executive Committee. This
change is designed to drive operational excellence, increase customer focus, and
build further momentum and speed into the organization.
In the new Executive Committee the following roles will continue:
* Chief Executive Officer (Thierry Vanlancker)
* Chief Financial Officer (Maëlys Castella)
* General Counsel (Sven Dumoulin)
* Chief Human Resources Officer (Marten Booisma)
Changes to the Executive Committee following the new set-up:
* Chief Operating Officer (Ruud Joosten, former head of Decorative Paints)
* Integrated Supply Chain Leader (David Allen, elevated to Executive
Committee)
* In addition, Werner Fuhrmann will return to AkzoNobel in the role of head of
Specialty Chemicals
Effective immediately, Ruud Joosten is named Chief Operating Officer (COO)
Paints & Coatings. Working closely with CEO Thierry Vanlancker, the COO will
lead the Performance Coatings and Decorative Paints businesses. He will be
responsible for accelerating growth, the execution of the company's strategy,
and the performance to deliver on the agreed targets.
In addition, the direct responsibility for the Paints & Coatings operations -
including all manufacturing, supply chain and logistics, site management, health
& safety (HSE&S), and procurement will now fall under the responsibility of the
Integrated Supply Chain Leader, David Allen.
Thierry Vanlancker, CEO, commented:
"We aim to build on the successful foundation of operational excellence that
AkzoNobel has laid over the past years. With Ruud Joosten stepping up as our new
COO and David Allen joining our Executive Committee in the role of Integrated
Supply Chain Leader, this new Executive Committee will be faster to drive
integrated business planning and quick decision making. It will also enable
optimal alignment between business needs and operational and supply chain
delivery."
"I am also delighted to welcome Werner Fuhrmann back to head up Specialty
Chemicals and lead on the separation. His unique knowledge of the company and
industry experience, having worked for almost 40 years at AkzoNobel, including
running the Specialty Chemicals Business prior to my joining last year, make him
an ideal person to lead the separation. It's great to have him back on board."
The Supervisory Board has designated Mr Vanlancker as CEO/Chairman of the Board
of Management, with full power and authority as a member of the Board of
Management, in accordance with the articles of association of Akzo Nobel N.V.
which provides for such designation until formal CEO appointment by
shareholders.
- - -
About AkzoNobel
AkzoNobel creates everyday essentials to make people's lives more liveable and
inspiring. As a leading global paints and coatings company and a major producer
of specialty chemicals, we supply essential ingredients, essential protection
and essential color to industries and consumers worldwide. Backed by a
pioneering heritage, our innovative products and sustainable technologies are
designed to meet the growing demands of our fast-changing planet, while making
life easier. Headquartered in Amsterdam, the Netherlands, we have approximately
46,000 people in around 80 countries, while our portfolio includes well-known
brands such as Dulux, Sikkens, International, Interpon and Eka. Consistently
ranked as a leader in sustainability, we are dedicated to energizing cities and
communities while creating a protected, colorful world where life is improved by
what we do.
Not for publication - for more information
AkzoNobel Media Relations AkzoNobel Investor Relations
T: +31 (0)88 969 7833 T +31 (0)88 969 7590
Contact: Diana Abrahams Contact: Lloyd Midwinter
Safe Harbor Statement
This press release contains statements which address key issues such as
AkzoNobel's growth strategy, future financial results, market positions, product
development, products in the pipeline and product approvals. Such statements
should be carefully considered, and it should be understood that many factors
could cause forecasted and actual results to differ from these statements. These
factors include, but are not limited to, price fluctuations, currency
fluctuations, developments in raw material and personnel costs, pensions,
physical and environmental risks, legal issues, and legislative, fiscal, and
other regulatory measures. Stated competitive positions are based on management
estimates supported by information provided by specialized external agencies.
For a more comprehensive discussion of the risk factors affecting our business
please see our latest annual report, a copy of which can be found on our
website: www.akzonobel.com.
Media Release PDF:
http://hugin.info/130660/R/2122695/809469.pdf
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Source: AkzoNobel NV via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 25.07.2017 - 07:02 Uhr
Sprache: Deutsch
News-ID 553664
Anzahl Zeichen: 5880
contact information:
Town:
Amsterdam
Kategorie:
Business News
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