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    KPN   NL0000009082

ROYAL KPN N.V.

(KPN)
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Royal KPN N.V. Press Release: KPN nominates Gerard van de Aast to Supervisory Board

01/11/2021 | 02:01am EDT
 
 Royal KPN N.V. 
Royal KPN N.V. Press Release: KPN nominates Gerard van de Aast to 
Supervisory Board 
 
11-Jan-2021 / 08:00 CET/CEST 
 
KPN nominates Gerard van de Aast to Supervisory Board 
 
KPN's Supervisory Board is pleased to announce the nomination of Mr Gerard 
van de Aast for appointment to the Supervisory Board of KPN for a term of 
four years as of the Annual General Meeting (AGM) on 14 April 2021. He will 
succeed Derk Haank who will step down at the end of his third and final term 
as member of KPN's Supervisory Board. 
 
Mr Van de Aast (63, Dutch) is a seasoned executive with a recognized track 
record at board level in various sectors ranging from construction to 
software engineering, both in the Netherlands and abroad. His executive 
experience includes CEO positions at Reed Business, VolkerWessels and Imtech 
NV. Mr Van de Aast is currently Chairman of the Supervisory Board of NS 
Group, vice-chairman of the Supervisory Board of Signify NV and member of 
the Supervisory Board of Witteveen+Bos, the consultancy and engineering firm 
where he started his professional career in 1979. 
 
Duco Sickinghe, Chairman of the Supervisory Board: "Gerard brings with him a 
wealth of leadership and diverse industry experience. We welcome him on 
board and look forward to working with him in guiding KPN on its path to 
long-term growth. He will succeed Derk whom we thank for his invaluable 
contribution to the course and success of KPN during his 12-year tenure as 
Supervisory Board member." 
 
The appointment will take effect upon a decision of KPN's shareholders at 
KPN's AGM on 14 April 2021. The invitation and the agenda for the AGM will 
follow in March. 
 
For more information: 
KPN Royal Dutch Telecom 
Investor Relations 
Wilhelminakade 123 
3072 AP Rotterdam 
E-mail: ir@kpn.com 
 
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
End of Announcement - EQS News Service 
 
1159571 11-Jan-2021 
 
 

(END) Dow Jones Newswires

January 11, 2021 02:00 ET (07:00 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
ROYAL DUTCH SHELL PLC 0.22% 16.13 Real-time Quote.10.13%
ROYAL KPN N.V. 0.63% 2.703 Real-time Quote.8.00%
SIGNIFY N.V. -5.18% 48 Real-time Quote.46.60%
TOMTOM NV 2.37% 6.69 Real-time Quote.-22.57%
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Financials
Sales 2021 5 223 M 6 143 M 6 143 M
Net income 2021 543 M 639 M 639 M
Net Debt 2021 5 671 M 6 669 M 6 669 M
P/E ratio 2021 20,8x
Yield 2021 5,16%
Capitalization 11 274 M 13 262 M 13 258 M
EV / Sales 2021 3,24x
EV / Sales 2022 3,19x
Nbr of Employees 9 237
Free-Float 79,8%
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 2,69 €
Average target price 3,12 €
Spread / Average Target 16,2%
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Managers and Directors
Joost F. E. Farwerck Chairman-Management Board, CEO & COO
Chris H. Figee Chief Financial Officer
Duco W. Sickinghe Chairman-Supervisory Board
Babak Fouladi Chief Technology & Digital Officer
Derk Johan Haank Vice Chairman-Supervisory Board
Sector and Competitors