Corporate Governance

Avantium acknowledges the importance of good corporate governance and agrees with the principles of the Dutch Corporate Governance Code. We recognize the importance of ensuring integrity and maintaining and enhancing an open and transparent communication with all stakeholders and other parties interested in our company. Here you can find our corporate governance related materials as well as information about our Management Board and Supervisory Board.

General meeting of shareholders

An annual meeting of shareholders must be held within six months after the end of each financial year. An extraordinary general meeting may be convened, whenever our interests so require, by the supervisory board or the management Board. Once the agenda and the explanatory notes will be published, they can be found here.

Management team

The Management Board of Avantium is responsible for our day-to-day management, which includes, among other things, formulating our strategies and policies and setting and achieving our objectives.

Tom van Aken

Tom van Aken

Chief Executive Officer (CEO)

Mr. T.B. Van Aken has been Chief Executive Officer of the Company (CEO) since February 2006 (effective as of December 2005). In 2002, he joined the Company as Vice President of Business Development. In March 2004, he became Vice President of Global Marketing & Sales and a member of the Management Board, followed by his appointment as CEO per December 2005. Before joining the Group, Mr. Van Aken held numerous commercial positions at DSM in the Netherlands and in New Jersey, United States. Mr. Van Aken holds a master’s degree in chemistry from Utrecht University.

Frank Roerink

Frank Roerink

Chief Financial Officer (CFO)

Mr. F.C.H. Roerink has been Chief Financial Officer (CFO) of Avantium since February 2007. Before joining the Group in 2007, Mr. Roerink worked for more than thirteen years at Unilever in various finance and accounting positions, in the Netherlands, in New Jersey, United States and in London, United Kingdom. Mr. Roerink holds a master’s degree in econometrics from the University of Amsterdam and a post-graduate degree Finance & Control from the University of Maastricht. The Company’s registered address (Zekeringstraat 29, 1014 BV Amsterdam, the Netherlands) serves as the business address for all members of the Management Board.

Supervisory board members

Our supervisory board supervises and advises our management board. Each member of our management board and supervisory board owes a duty to us to properly perform the duties assigned to such member and to act in our corporate interest. Under Dutch law, our corporate interest extends to the interests of all our stakeholders, including our shareholders, creditors, employees and clients. The supervisory board has appointed an Audit committee, a Remuneration committee and a Nomination committee.

Mr. A.M. Boersma

Mr. A.M. Boersma

Chairman of the supervisory board

Mr. A.M. Boersma (chairman) joined the Supervisory Board of the Company as per 1 January 2017. Mr. Boersma held inter alia positions as non-executive director of Neste Oyj (2007 – 2014), chairman of the board of Prometheus Energy (2009 – 2015), chairman of the supervisory board of VieCuri Medical Centre for Noord Limburg (2010 – 2015), chairman of the supervisory board of ProRail (2010 – 2014), chairman of the supervisory board of KEMA (2010 – 2012) and independent non-executive director of Electrica (2014 – 2016).

His current significant positions outside the Group include Distinguished Professor Governance of (former) utility companies at TIAS School for Business and Society at Universiteit Tilburg, chairman of the supervisory board of PostNL, chairman of the supervisory board of TMG, member of the Foundation Beschermingspreferente Aandelen Fugro, chairman of the advisory committee Limburg Energy Fonds, member of the board of the Foundation Royal HaskoningDHV, chairman of the supervisory board of TKI BioBased Economy, independent non-executive member of the board of NUNAS AB, senior advisor to the First State European Diversified Infrastructure Fund and member of the council of DNV GL.

Mr. Boersma holds a doctorate degree Technical Sciences and a degree in Chemical Engineering from the Technische Universiteit Eindhoven.

Mr. J.M. Van der Eijk

Mr. J.M. Van der Eijk

Vice-chairman of the supervisory board

Mr. J.M. van der Eijk (vice-chairman) joined the Supervisory Board of the Company in January 2010.

Mr. Van der Eijk started his career as a research scientist for Shell in 1980 and worked for Shell for 29 years in various positions, including Business Strategist, Technology Manager and Chief Technology Officer. His current important positions outside the Group include: member of the supervisory board of the Joint Venture, member of the Board of Arundo Inc., member of the supervisory board of the University of Utrecht and member of the supervisory board of Havenbedrijf Moerdijk N.V.

Mr. van der Eijk holds a PhD in Chemistry from the University of Utrecht.

Mr. D.J. Lucquin

Mr. D.J. Lucquin

Member of the supervisory board, Chairman of the Remuneration committee, Chairman of the Nomination committee

Mr. D.J. Lucquin joined the Supervisory Board of the Company in May 2011. Mr. Lucquin’s appointment in the Supervisory Board has been renewed for a period of four years, provided that this period shall end immediately after the annual General Meeting in 2018 in order to ensure a smooth transition following the Conversion. Mr. Lucquin worked at the Institut National de la Recherche Agronomique from 1986 – 1989. In 1989, he joined, Crédit Lyonnais. Mr. Lucquin joined Sofinnova Partners in 1991 and became a Managing Partner in 1998 and Chairman in 2007 until January 2017.

Mr. Lucquin currently serves as a representative of or member of the Board of Directors of Noxxon Pharma AG, Green Biologics Ltd, Enobraq SAS, By Design Ltd and as Managing Partner of Sofinnova Partners. In the period 2002-2013 and 2005-2015 he served as a board representative of Sofinnova Partners SAS for Ablynx N.V. respectively Cerenis Therapeutics SA. In the period 2009 – 2013 he was a director of BioAmber Inc.

Mr. Lucquin is a graduate in engineering from École Polytechnique and École du Génie Rural des Eaux et
Forêts. He also has a degree in Innovation Management from the Unversité de Paris-Dauphine.

Ms. G.E.A. Reijnen

Ms. G.E.A. Reijnen

Member of the supervisory board, Chairman of the Audit committee, Member of the Remuneration committee, Member of the Nomination committee

Ms. G.E.A. Reijnen joined the Supervisory Board of the Company in April 2015.

Ms. Reijnen started her career with ABN AMRO Bank N.V. in 1992 in various positions within corporate and investment banking where she became Managing Director and Head of Corporate Wholesale Clients Netherlands in 2007. Ms. Reijnen worked at The Royal Bank of Scotland N.V. from 2007 – 2012 as member of the Management Team RBS Netherlands and Head of Corporate Clients. From 2012 – 2016 Ms. Reijnen worked for Alvarez & Marsal as a Managing Director in Restructuring and Financial Institutions & Advisory Services.
Ms. Reijnen currently works as an independent finance professional.

Ms. Reijnen holds a Master’s degree in Business Economics from the Erasmus University Rotterdam and is an alumna of Harvard Business School.

Mr. C.J. Stoufs

Mr. C.J. Stoufs

Member of the supervisory board, Member of the Audit committee

Mr. C.J. Stoufs joined the Supervisory Board of the Company in October 2008.

Mr. Stoufs worked at Akzo/Fabelta from 1974 – 1980, when he was recruited by PA Technology as Senior Consultant. After five years with PA Technology, Mr. Stoufs worked at Occidental Petroleum. Mr. Stoufs joined FMC Corp. in 1990 and came to Capricorn Venture Partners N.V. as Senior Investment Manager in 2000.

Mr. Stoufs currently serves at the Board of Directors of Capricorn Cleantech Fund, FRX Polymers N.V., FRX Polymers Inc. and Green Biologics Ltd. Previously, Mr. Stoufs served at the Board of Directors of BioAlliance, Elbion / 4AZA, TiGenix, UroGene, FlandersBio vzw, Fluxome Sciences A/S, Alaska Food Diagnostics, AK Diagnostics Europe and Capricorn Venture Fund II.

Mr. Stoufs holds a Master of Science in Chemistry. He is also a graduate in Business Administration and a graduate in International Trade from the University of Brussels.

Mr. J.S. Wolfson

Mr. J.S. Wolfson

Member of the supervisory board, Member of the Remuneration committee, Member of the Nomination committee

Mr. J.S. Wolfson joined the Supervisory Board of the Company in January 2013.

Mr. Wolfson is the chairman of TerraVia Holdings Inc., formerly named Solazyme Inc., a company he co-founded in 2003. Prior to Solazyme, Mr. Wolfson was the Vice President of Finance and Business Development for 7thOnline. Prior to that, Mr. Wolfson was co-founder, president and chief operating officer of InvestorTree, a SaaS/Internet based financial services company. He was also an adjunct faculty member in the Economics department at Hunter College (CUNY).

His other current important positions outside the Group include: chairman and CEO of TerraVia Holdings Inc. NASDAQ.

Mr. Wolfson holds J.D. and M.B.A. degrees from the NYU School of Law and the NYU Stem School of Business. Additionally, he spent several years as an Adjunct Assistant Professor of Economics at Hunter College of the City University of New York.

The Company’s registered address (Zekeringstraat 29, 1014 BV Amsterdam, the Netherlands), serves as the business address for all members of the Supervisory Board.

Investor contact

Any questions can be addressed to:

investorrelations@avantium.com
+31 (0)20 586 80 80