VNU Intends to Appoint Rob Ruijter As CFO.HAARLEM, The Netherlands -- VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User , a leading global information and media company, today announced its intention to appoint Mr. R.A. Ruijter (1951) as successor to Frans Cremers, who will step down after eight years as CFO See Chief Financial Officer. , as already announced in February 2004. Mr. Ruijter will become a member of the VNU Executive Board on December 1, 2004, and will become Chief Financial Officer effective January 1, 2005. The appointment will be submitted for approval at a General Meeting of Shareholders, to be held in due course. Rob Ruijter's position at VNU was preceded by a successful career in various multinationals. He started his career as public accountant, ending with Ernst & Young Accountants. In 1983, he joined British Petroleum rising to the post of Managing Director & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BP Sweden. In 1993 he joined Philips as Director of Finance and later became Executive Vice President & CFO of Philips Lighting. In 2000, he became Executive Vice President & CFO of Baan Company NV. He joined KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) Royal Dutch Airlines as Managing Director and CFO in March 2001. In commenting on the appointment, Rob van den Bergh, CEO of VNU, said: "I very much look forward to working with Rob. I have full confidence that in his role as CFO he will add significantly to the further development of the company. I would also like to take this opportunity to thank Frans Cremers for his great contribution over the years in transforming VNU into a truly global information and media company." About VNU VNU is a global information and media company with leading market positions and recognized brands in marketing information (ACNielsen), media measurement and information (Nielsen Media Research), business information (Billboard, The Hollywood Reporter, Computing, Intermediair) and directory publishing (Golden Pages). VNU is active in more than 100 countries, with headquarters in Haarlem, The Netherlands and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , USA. The company employs 38,000 people. Total revenues amounted to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3.9 billion in 2003. VNU is listed on the Euronext Amsterdam (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :VNU) stock exchange. For more information, please visit the VNU website at www.vnu.com |
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