Changes and appointments at Akzo Nobel.ARNHEM, Netherlands --(BUSINESS WIRE)--April 27, 1995--Having expressed the wish to step down from the Supervisory Board Supervisory board The board of directors that represents stakeholders in the governance of the corporation. , B. Magnusson retired, J.E. Kvarnstrom was appointed to fill the vacancy VACANCY. A place which is empty. The term is principally applied to cases where an office is not filled. 2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate. . The terms of A.E. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , H.A. van Stiphout, and L.C. van Wachem had expired. They were reappointed at the Annual Meeting of Stockholders. During the Annual Meeting stockholders were informed that A.A. Loudon will take over from F.H. Fentener van Vlissingen as Chairman of the Supervisory Board. Fentener van Vlissingen will become a Deputy Chairman. Membership of the Supervisory Board of Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. N.V. remains unchanged at 11. During the meeting stockholders were also informed that A.G. Vermeeren, Deputy Chairman of the Board of Management, will step down effective May 1, 1996, having reached the mandatory retirement A mandatory retirement age is the age at which persons who hold certain jobs or offices are required by statute to step down, or retire. Typically, mandatory retirement ages are justified by the argument that certain occupations are either too dangerous (military personnel) age. During the Annual Meeting of Stockholders to be held in April 1996, it will be proposed that membership of the Board of Management be fixed at 6. It is the intention to appoint H.A. van Karnebeek as Deputy Chairman and to charge O. Mattson in the Board of Management with the responsibility for the Coatings activities. CONTACT: Akzo Nobel Inc. Nick Sommers, 312/906-7612 |
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