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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Akzo Nobel N.V.    AKZA   NL0013267909

AKZO NOBEL N.V.

(AKZA)
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Real-time Quote. Real-time Tradegate - 08/21 02:22:17 pm
81.525 EUR   +0.67%
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AKZO NOBEL : Board Member Rob Frohn To Leave Co

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03/01/2012 | 01:37am EDT

Dutch coatings company Akzo Nobel NV (AKZA.AE) said Thursday Rob Frohn, Board of Management member responsible for Specialty Chemicals, will leave the company and it will also nominate two new Supervisory Board members.

MAIN FACTS:

- The proposed two new Supervisory Board members are Sari Baldauf, currently non-executive Chairman of the Board of Fortum Oyj and director at several other companies, and Ben Verwaayen, currently CEO of Alcatel-Lucent.

- Sari Baldauf has senior executive experience of building and running global businesses at Nokia Corporation.

- Ben Verwaayen has many years' experience operating at the highest level of successful international businesses, including as CEO of BT Group and as Managing Director of KPN in the Netherlands.

- Baroness Bottomley will step down from her position on the Supervisory Board after having served the company as a Supervisory Board member for 12 years.

- The Supervisory Board and Rob Frohn, Board of Management member responsible for Specialty Chemicals, have mutually agreed that Rob will step down from the Board of Management.

- Werner Fuhrmann, Executive Committee member responsible for Supply Chain and Sourcing, will manage Specialty Chemicals until Rob's successor is identified.

- All changes will become effective on May 1, 2012.

- By Amsterdam Bureau, Dow Jones Newswires; amsterdam@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
AKZO NOBEL N.V. 0.73% 81.57 Delayed Quote.2.25%
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Financials (EUR)
Sales 2019 9 411 M
EBIT 2019 1 000 M
Net income 2019 606 M
Debt 2019 364 M
Yield 2019 2,43%
P/E ratio 2019 28,7x
P/E ratio 2020 19,9x
EV / Sales2019 1,87x
EV / Sales2020 1,85x
Capitalization 17 241 M
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Technical analysis trends AKZO NOBEL N.V.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 88,69  €
Last Close Price 80,98  €
Spread / Highest target 35,8%
Spread / Average Target 9,52%
Spread / Lowest Target -13,6%
EPS Revisions
Managers
NameTitle
Thierry F. J. Vanlancker Chief Executive Officer
Nils Smedegaard Andersen Chairman-Supervisory Board
Ruud Joosten Chief Operating Officer
Maarten de Vries Chief Financial Officer
Peggy Bertha Bruzelius Member-Supervisory Board
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