Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, October 7 2015

Supervisory Board Changes at AkzoNobel

Published February 7, 2014
The Supervisory Board of Akzo Nobel N.V.  announced changes to its membership that will be proposed for adoption by the company's Annual General Meeting of Shareholders on April 29th, 2014.

Current chairman Karel Vuursteen will retire from the Supervisory Board having completed 3 terms of office since joining the Board in 2002. He became Chairman in 2009.

Antony Burgmans will be put forward for re-appointment after reaching the end of his second term at this year's AGM. Following such re-appointment the Supervisory Board intends to elect Burgmans as chairman to succeed Vuursteen.

Louis Hughes will also reach the end of his second term this year and will be nominated for re-appointment.

Peter Ellwood will step down at the AGM after six years on the Board. Karel Vuursteen commented: "On behalf of my colleagues I would like to thank Sir Peter for the valuable contribution he has made to the good governance and smooth running of the company over the last six years."

In his place the Supervisory Board is putting forward Byron Grote for appointment. Grote brings with him extensive experience of complex multinational environments as well as deep financial expertise, having been a member of the Board of BP plc from 2000 to 2013, during which time he headed the petrochemicals business before becoming CFO. He currently holds the role of non-executive director at Unilever, chairing the Audit Committee, and is also a non-executive director at Anglo-American plc.

Following the proposed changes, the Supervisory Board will have eight members instead of the current nine.  

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Follow Coatings World On