For that purpose, an Extraordinary General Meeting of Shareholders will be held on 27 November 2013. It is the intention that Paul Verhagen will join the Board of Management starting 1 January 2014. After a transition period he will succeed the current Chief Financial Officer, André Jonkman, who will step down at the Annual General Meeting of Shareholders on 6 May 2014, as was already announced on 8 March 2013.
Paul Verhagen (47) currently works for Philips as Executive Vice President and CFO of Philips Lighting, a division with 2012 sales of EUR 8.4 billion. In the past 23 years, he held various financial management positions at Philips in the Netherlands, Hong Kong, USA, China and Taiwan. He has been active in various global CFO positions since 2005 and as such he has extensive experience in all aspects of financial management of a large multinational corporation, also in B-to-B markets, in a capital intensive industry with rapid technology driven changes.
Paul Verhagen holds a MSc in Business Administration from University Brabant in Tilburg and graduated from the post Master program for Registered Controller at the University of Maastricht. He is a Dutch citizen.
Harrie Noy, Chairman of the Supervisory Board: ‘I am very happy that Paul will join Fugro. Following our recent strategy review, we are clear on our strategic and financial targets. I am confident that Paul has the experience, drive and ability to make a strong contribution to realising these targets, in particular through a further strengthening of our financial organisation to support increased group wide collaboration.’