media release

AkzoNobel announces Maarten de Vries as Chief Financial Officer

AkzoNobel today announces Maarten de Vries as Chief Financial Officer (CFO), starting January 1, 2018.

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

Maarten has more than 25 years of experience in finance and international business, including 10 years in Asia. Previous roles include CFO and member of the Executive Board of TNT Express, CEO of TP Vision (a Philips joint venture) and various positions at Philips including Chief Information Officer and Chief Purchasing Officer. He was most recently CFO and member of the Management Board at Intertrust Group.

Maarten de Vries

Antony Burgmans, Chairman of the Supervisory Board, commented:
“We are delighted to welcome Maarten to AkzoNobel. In addition to his finance background he has extensive international business experience. We look forward to working with him as we continue to deliver sustainable growth and profitability for all our stakeholders.”

Thierry Vanlancker, Chief Executive Officer, commented:
“Maarten brings a wealth of expertise to the company with a wide and varied background, including financial operations, managing growth and leading strategic M&A programs. I look forward to welcoming him to the team.

Once Maarten is onboard, interim CFO Hans De Vriese will move into the role of Director of Planning and Transformation, continuing his key role in the transformation of AkzoNobel into two high-performing businesses; Paints and Coatings and Specialty Chemicals.”

The appointment of Maarten de Vries to the Board of Management of AkzoNobel is subject to shareholder approval and as such will be added to the agenda of an AkzoNobel Extraordinary General meeting to be scheduled later this year.

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

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