Akzo Nobel announces management changes
Arnhem, the Netherlands, July 19, 2007 - Akzo Nobel has announced that Jo Lennartz (57) will become the company's new Director of Technology. Two further management changes resulting from his appointment have also been confirmed.
Formerly General Manager of the company's Functional Chemicals business, Dutch-born Lennartz will officially take up his new position on September 1. He will be succeeded by Bob Margevich (50), currently General Manager of Akzo Nobel Polymer Chemicals. Alan Kwek (50) - presently Manager of the Powder Coatings activities in Asia Pacific - will in turn take over at Polymer Chemicals.
"Jo Lennartz has been instrumental in successfully reshaping the Functional Chemicals business and he will bring to his new role a wealth of business and technology experience gained while working for a number of different Akzo Nobel businesses," said Akzo Nobel Board member Leif Darner.
His new role will include establishing links and interacting with relevant external technology and science communities, as well as leading the development of the technology community within Akzo Nobel.
Currently based in Chicago in the United States, Bob Margevich has almost 30 years of experience in the international chemicals business and has been General Manager of Akzo Nobel Polymer Chemicals since 2003. An American citizen, Margevich will move to Amersfoort in the Netherlands.
Alan Kwek joined Akzo Nobel after the acquisition of Courtaulds in 1998, where he held a regional role for Marine and Protective Coatings in Asia. He will move from his native Singapore to the United States and will be based in Chicago.
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Note to editors Akzo Nobel is a Fortune Global 500 company and is listed on both the Euronext Amsterdam and NASDAQ stock exchanges. It is also included on the Dow Jones Sustainability Indexes and FTSE4Good Index. Based in the Netherlands, we are a multicultural organization serving customers throughout the world with coatings, chemicals and human and animal healthcare products. We employ around 62,000 people and conduct our activities in these four segments, with operating subsidiaries in more than 80 countries. Consolidated revenues for 2006 totaled EUR 13.7 billion. The financial results for the second quarter will be published on July 24, 2007.
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Akzo Nobel nv Corporate Media Relations, tel. +31 26 366 43 43 Contact: Heleen van de Lustgraaf