media release

Fritz Fröhlich, former CFO Akzo Nobel, awarded royal honor

Press Release Akzo Nobel’s former Chief Financial Officer and Vice Chairman Fritz Fröhlich has been decorated with the prestigious Dutch royal distinction Officer in the Order of Orange-Nassau.

The Order of Orange-Nassau is bestowed on people who have made a contribution of outstanding value to the Dutch community for a considerable period of time.

Hans Wijers, CEO of Akzo Nobel, said: “This is a great honor for both my former colleague Fritz Fröhlich and Akzo Nobel. After his leading role in the reorganization of the former Fibers division, he built a strong reputation as a truly top international manager for our company. The European business community recognized this by proclaiming him best CFO in the European Chemical Industry, while in the Netherlands he was proclaimed best CFO of all listed Dutch companies. Fritz Fröhlich contributed strongly to the success of Akzo Nobel.”

Having reached the retirement age, Mr. Fröhlich left the Board of Akzo Nobel as per May 1 2004, and was succeeded by Rob Frohn.

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