AkzoNobel nominates former Maersk CEO as chairman

AkzoNobel nominates former Maersk CEO as chairman

7:30 AM, 5th March 2018
AkzoNobel nominates former Maersk CEO as chairman
AkzoNobel headquarters building in Amsterdam, Netherlands. (File photo)

AMSTERDAM, NETHERLANDS: AkzoNobel NV has announced the nomination of Nils Smedegaard Andersen as member of its supervisory board with the intention to elect him as chairman following his successful appointment at the Annual General Meeting in April.

This announcement concludes an extensive search and selection process conducted by the supervisory board, led by Byron Grote, deputy chairman, including consultation with major shareholders.

Nils Andersen, a Danish citizen, is non-executive director at BP PLC and Unilever, where he serves on the audit committees of both companies. Nils was group chief executive (CEO) of AP Moller – Maersk from 2007 until 2016 and had previously been president and CEO of Carlsberg and Carlsberg Breweries.

“We are very pleased to nominate Nils Andersen. He has a wealth of relevant experience gained during an extensive international career in the consumer goods, energy, and shipping industries. Nils will bring this broad business insight to the supervisory board as AkzoNobel becomes a focused, high-performing Paints and Coatings company,” said Byron Grote.

“I am excited to be nominated for the role of chairman of the supervisory board and look forward to being able to play my part in the transformation of AkzoNobel and delivering further value creation for shareholders and other stakeholders,” added Nils Andersen.

© Worldofchemicals News

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