Aalberts N.V. Welcomes New Chief Financial Officer
Aalberts N.V. is excited to announce the upcoming appointment of Frans den Houter as the new Chief Financial Officer (CFO). The Supervisory Board has nominated him to take on this crucial role and also become a member of the Management Board. This proposal will be presented to shareholders for their approval at the forthcoming General Meeting, scheduled for April next year.
Frans den Houter's Background
Frans den Houter comes with a wealth of experience serving as the CFO and member of the Management Board at Royal BAM Group N.V. His extensive international exposure and educational background in engineering and business economics make him an excellent fit for Aalberts. Throughout his career, he has honed his skills in the manufacturing, energy, and construction sectors, equipping him with the strategic insight necessary for this new position.
Transition and Leadership Changes
Arno Monincx, who has dedicated nearly 17 years to Aalberts, including eight years on the Management Board and six years as the CFO, will not be reappointed after the General Meeting. This decision comes following mutual agreement, marking a significant transition within the company.
Statements from the Leadership
Peter van Bommel, Chairman of the Supervisory Board, expressed confidence in Frans den Houter's ability to drive Aalberts towards sustainable growth. He stated, “We are pleased to nominate Frans den Houter as Chief Financial Officer. His wealth of experience as a financial leader will be invaluable as we look to the future.”
In addition, Stéphane Simonetta, the Chief Executive Officer of Aalberts, conveyed his enthusiasm for welcoming Frans to the team, emphasizing the importance of his diverse experience in navigating Aalberts through its next growth phase. He also acknowledged Arno for his significant contributions and collaborative efforts during his tenure.
Onboarding Process
Arno Monincx will continue in his role as CFO until April next year. Following this period, he will serve as an advisor to the Management Board for one year to help ensure a seamless transition. Frans den Houter is set to begin his onboarding process on March 1, 2025, as the company prepares for this important shift in leadership.
Contact for Inquiries
For more information, stakeholders can reach out to Aalberts through their designated contact number: +31 (0)30 3079 301 or by emailing investors@aalberts.com.
Frequently Asked Questions
Who is the new Chief Financial Officer of Aalberts N.V.?
Frans den Houter has been nominated as the new Chief Financial Officer of Aalberts N.V.
When will the shareholders approve the nomination?
The shareholders' approval for Frans den Houter's nomination will take place at the General Meeting on April 10, 2025.
What is the experience of Frans den Houter?
Frans den Houter has significant experience, having served as the CFO of Royal BAM Group N.V., with a solid background in various sectors.
How long has Arno Monincx worked at Aalberts?
Arno Monincx has been a part of Aalberts for nearly 17 years, with a notable period of six years as the Chief Financial Officer.
What will Arno Monincx's role be after April 2025?
After April 2025, Arno Monincx will step down as CFO but will provide advisory support to the Management Board for a year to ensure a smooth transition.
