Plus   Neg

Heineken CEO Van Boxmeer To Step Down, Replaced By Asia Chief

Dutch brewer Heineken N.V. (HKHHF.PK) said that its Chief Executive officer Jean-François van Boxmeer will step down after leading the company for 15 years. He will be succeeded by Dolf van den Brink, who currently President Asia Pacific region and Executive Team member, on 1 June 2020.

The Supervisory Board will nominate Dolf van den Brink as member of the Executive Board at the company's Annual General Meeting of Shareholders on 23 April 2020 per that same date, for a period of four years.

van Boxmeer joined Heineken as a management trainee in 1984. After a number of international management positions, he was appointed member of the Executive Board in 2001. In 2005, Van Boxmeer was appointed Chairman of the Executive Board and CEO of Heineken N.V.

Separately, Heineken said Stefan Orlowski, currently president of the company's European operations, has decided to leave the business after 22 years to pursue his private entrepreneurial interests.

Stefan Orlowski will leave before the summer, and his successor will be announced in due course, the company said.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Twitter could face a fine of up to $250 million from the U.S. Federal Trade Commission regarding its use of phone numbers and email addresses to target advertisements. Lord & Taylor joined the growing list of U.S. retailers who filed for bankruptcy amid the coronavirus pandemic. Lord & Taylor, one of the oldest department store chains in the U.S., filed for bankruptcy protection in the Eastern Court of Virginia on Sunday. The company operated 38 stores that have remained temporarily closed since March this year due to the pandemic. Thomson International Inc. is recalling Red, Yellow, White, and Sweet Yellow Onions for potential contamination with Salmonella, according to a statement by the U.S. Food and Drug Administration or FDA. The onions are in distribution since May 1, 2020. They were sold to wholesalers, restaurants, and retail stores in all 50 U.S. states, the District of Columbia and Canada.
Follow RTT