AkzoNobel Announces New Structure for Executive Committee
Year:2017 ISSUE:15
COLUMN:ECONOMY AND BUSINESS
Click:298    DateTime:Aug.11,2017
AkzoNobel Announces New Structure for Executive Committee

AkzoNobel announced a new structure for its Executive Committee on July 25. This change is designed to drive operational excellence, increase customer focus, and build further momentum and speed into the organization.
Effective immediately, Ruud Joosten is named Chief Operating Officer (COO) Paints & Coatings. Working closely with CEO Thierry Vanlancker, the COO will lead the Performance Coatings and Decorative Paints businesses. He will be responsible for accelerating growth, the execution of the company's strategy, and the performance to deliver on the agreed targets.
In addition, the direct responsibility for the Paints & Coatings operations - including all manufacturing, supply chain and logistics, site management, health & safety (HSE&S), and procurement will now fall under the responsibility of the Integrated Supply Chain Leader, David Allen.
“We aim to build on the successful foundation of operational excellence that AkzoNobel has laid over the past years. With Ruud Joosten stepping up as our new COO and David Allen joining our Executive Committee in the role of Integrated Supply Chain Leader, this new Executive Committee will be faster to drive integrated business planning and quick decision making. It will also enable optimal alignment between business needs and operational and supply chain delivery,” said Thierry Vanlancker, the CEO of AkzoNobel.
“I am also delighted to welcome Werner Fuhrmann back to head up Specialty Chemicals and lead on the separation. His unique knowledge of the company and industry experience, having worked for almost 40 years at AkzoNobel, including running the Specialty Chemicals Business prior to my joining last year, make him an ideal person to lead the separation. It’s great to have him back on board.”
The Supervisory Board has designated Mr Vanlancker as CEO/Chairman of the Board of Management, with full power and authority as a member of the Board of Management, in accordance with the articles of association of Akzo Nobel N.V. which provides for such designation until formal CEO appointment by shareholders.