Change in Board of Management of Stork
28 May 2008Maarten Schönfeld, CFO and vice-chairman of the Board of Management, has indicated his wish for a change in the direction of his professional career. He will step down from his position as member of the Board of Management with effect from 1 January 2009.
His successor, Hans Turkesteen, currently Managing Partner Financial Advisory Services at Deloitte, will join the Board of Management from 1 August 2008. This means the Board will temporarily have four members.
His successor, Hans Turkesteen, currently Managing Partner Financial Advisory Services at Deloitte, will join the Board of Management from 1 August 2008. This means the Board will temporarily have four members.
Maarten Schönfeld: "The transition of Stork from a listed company to a private equity environment provides me with a natural moment for a change in my career: I intend to become more involved in activities of a non-executive nature, also in other fields than just the industry".
Jacques Schraven, chairman of the Supervisory Board of Stork: "Mr. Schönfeld will reach retirement age in about three years. Stork is entering a new phase that will last five to six years. In light hereof it is the right moment to attract a new CFO who can remain in function throughout the entire process. We have a great respect for the decision of Mr. Schönfeld and are most grateful for the significant contributions he has made to the company, previous to and during the extremely turbulent period which has recently ended".
Hans Turkesteen will join the Board of Management from 1 August, and will succeed Maarten Schönfeld as CFO from 1 October 2008. Maarten Schönfeld will remain vice-chairman of the Board of Management until the end of 2008. He will remain chairman of Pensioenfonds Stork (Stork Pension Fund) after 2008.
Hans Turkesteen (44) started in 1982 as accountant at Andersen, where he set up and developed the Corporate Finance activities. He played an important role in the transfer from Andersen to Deloitte, and has been responsible for Financial Advisory Services (FAS) for the last four years. Based on this background, Hans Turkesteen has extensive experience in the field of mergers, acquisitions and financing.
Information for the press: Stork B.V., Carine Brouwers, +31 (0)35 - 695 75 79