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Netherland: sAkzoNobel EGM appoints Thierry Vanlancker as member of the Board of Managemen

Friday, 08 September 2017


Akzo Nobel N.V. (AKZA.AS; AKZOY)

At today's Extraordinary General Meeting (EGM), shareholders of Akzo Nobel N.V. (AkzoNobel) appointed new CEO Thierry Vanlancker as a member of the Board of Management.

Vanlancker was already appointed as Chief Executive Officer (CEO) by the Supervisory Board on July 19. He succeeded Ton Büchner who left AkzoNobel in July this year.

Antony Burgmans, Chairman of the Supervisory Board, commented: "Thierry is an outstanding executive who is well placed to take AkzoNobel forward. This includes the creation of two focused businesses, delivering sustainable growth and profitability."

Before taking up the role of CEO, Thierry was head of Specialty Chemicals at AkzoNobel, having joined the company in 2016. Prior to joining AkzoNobel he was President Fluoroproducts for Chemours, the spin-off company of DuPont's chemical businesses formed in 2015.

This is a public announcement by AkzoNobel N.V. pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014).

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.                                                                                   

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.# News presented by Cathy McLeanhttp://www.bymnews

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Last Updated ( Friday, 08 September 2017 )