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.

Management Board

Tom van Aken

Chief Executive Officer
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

Chief Financial Officer
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.

Tom van Aken

Chief Executive Officer
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

Chief Financial Officer
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

Mr. C. (Kees) Verhaar

Mr. C. (Kees) Verhaar

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

Mr. C. (Kees) Verhaar (vice-chairman) joined the Supervisory Board of the Company in November 2017.

Kees Verhaar’s has a wealth of experience as CEO of Arizona Chemicals, the world leading wood-based chemicals company and his 30-year track record in the chemical industry, which includes extensive collaboration with sophisticated financial investors. Kees Verhaar is currently chairman of the advisory board of three business units of Ten Cate, an international advanced materials company.

Mr. D.J. Lucquin

Mr. D.J. Lucquin

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

Mr. D.J. Lucquin joined the Supervisory Board of the Company in May 2011. In 2019, Mr. Lucquin’s appointment in the Supervisory Board has been renewed for a period of two years. 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.

Mrs. M.G. Kleinsman

Mrs. M.G. Kleinsman

Member of the supervisory board, Chairman of the Audit committee
Mrs. M.G. Kleinsman joined the Supervisory Board of the Company in June 2017.

Margret Kleinsman, Chief Financial Officer of Holland Colours N.V., graduated from the Technical University Twente, the Netherlands, and completed a post doc at the VU University Amsterdam. She worked for Akzo Nobel until 2014, filling a variety of roles with increasing responsibilities in Chemicals, Fibers and Coatings at various locations, including two longer term assignments in the USA. In her last role at Akzo Nobel, as General Manager for Car Refinish Coatings for North and South America, she was based in Atlanta, Georgia, and was, among other things, responsible for the implementation of a new distribution model. Margret Kleinsman was appointed Chief Financial Officer of Holland Colours N.V. as of 2014.

In line with the Supervisory Board profile, Mrs. Kleinsman adds the following desired specific knowledge and experience:

■     Extensive finance and general management experience. Key finance strengths include IT, internal controls, tax, transfer pricing, business finance and M&A.

■     Mrs Kleinsman spent her entire career in chemicals and coatings, first with Akzo Nobel, and currently with Holland Colours.

 

Mr. R.W. van Leen

Mr. R.W. van Leen

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

Mr. R.W. van Leen joined the Supervisory Board of the Company in May 2019. Mr Van Leen is Chief Innovation Officer at Royal DSM N.V. and as such member of DSM’s Executive Committee. In this role he manages the DSM Innovation Center, a unit which was established in 2006 to accelerate and support innovation throughout DSM and to create new businesses outside the scope of DSM’s current Business Groups. He has decided to step down from this position and focus on non-executive roles outside of DSM in the second half of 2019.

Mr. Van Leen has worked for DSM since 1987. He held various positions in the company including: Business Group Director of DSM Food Specialties, Business Unit Director of DSM Dairy Ingredients and Technology Director of R&D at DSM Food Specialties.

Mr. Van Leen serves as a member of EuropaBio, STAK Merus (Medical Biotechnology) and Academia for Science and Technology. He also serves on the supervisory board of Houdstermaatschappij Zuid-Holland and ZIO (innovative healthcare).

Mr. Van Leen has a PhD in Molecular Biology from Nijmegen University and an MSc in Biology from Utrecht University. He also holds an MBA degree from Nyenrode University.