AkzoNobel CEO Ton Buchner to return to work by year-end

Ton Buchner, CEO, AkzoNobel.

AMSTERDAM, THE NETHERLANDS: AkzoNobel reported that medical specialists expect the CEO, Ton Buchner, to fully recover and that it is anticipated that he will return to work sometime around year-end. The company’s temporary arrangements to accommodate Ton’s absence will remain in place. CFO Keith Nichols will continue to be the first point of contact and coordinator for the Executive Committee, while Antony Burgmans, member of the Supervisory Board, will remain on hand to offer advice and support to Keith and the Executive Committee.

“We are pleased to report that the current treatment is effective and progress is being made. However, it is important that the full cycle of treatment is completed and a premature commencement of activities is avoided. We are glad that Ton is progressing and we look forward to welcoming him back to the company later this year. In the meantime, we have appropriate governance in place,” said Karel Vuursteen, Chairman of the Supervisory Board, AkzoNobel.

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