Leadership Changes at Heineken Enhancing Future Governance

Heineken Announces Major Changes to Supervisory Board

Heineken N.V. has made an important announcement regarding shifts in its Supervisory Board, signaling a commitment to strong governance and strategic direction. These changes will pave the way for the company’s future success.

Peter Wennink Steps Up as Chair

Peter Wennink, currently serving as Vice-Chair, is set to take over as Chair of the Supervisory Board during the Annual General Meeting in the coming April. Joining the board last year, he has proven to be an invaluable asset, contributing significantly within various committees including Audit, Remuneration, and Selection and Appointment. His extensive background includes previously holding the CEO position at ASML, alongside non-executive roles at VDL Group and Samsung Device Solutions.

Reflecting on Leadership Transitions

The outgoing Chair, Jean-Marc Huët, who has served for over a decade, will step down in 2025. He has played a critical role in steering the company towards success, creating a collaborative atmosphere between the Supervisory and Executive Boards. Huët expressed deep appreciation for the teamwork and efforts put into enhancing the company's stature globally.

Farewell to Maarten Das

Maarten Das, a long-serving member of the Supervisory Board since 1994, will also retire upon the completion of his term. His three decades of legal and business insight have made him a respected voice within the board. Das served as Chair of the Remuneration Committee, influencing the board's compensation protocols.

New Members Joining the Board

In an exciting development, the Supervisory Board will nominate Alexander de Carvalho for appointment at the upcoming AGM. Reflecting the Heineken family's ongoing commitment, de Carvalho brings experience in finance and technology, having served as a non-executive director at Heineken Holding N.V. since 2013.

Reappointment of Nitin Paranjpe

Nitin Paranjpe will be reappointed as a member of the Supervisory Board, continuing his significant role. With a wealth of global business acumen from his tenure at Unilever, Paranjpe will also transition into the Vice-Chair position, succeeding Wennink. His leadership skills will further enhance the board, maintaining its focus on sustainability and responsibility.

About Heineken's Governance Approach

Heineken is renowned as one of the world's most international brewers. Beyond just leading in premium beer and cider brands, the company emphasizes innovative practices and sustainability. With a relentless drive to adhere to superior governance standards, the new appointments reveal Heineken's strategic intent to fortify its leadership structure while embracing change and continuity.

Frequently Asked Questions

What changes are being made to Heineken's Supervisory Board?

Peter Wennink will be taking over as Chair, while Alexander de Carvalho will be nominated as a new member, and Nitin Paranjpe is set for reappointment.

Who is stepping down from the Supervisory Board?

Jean-Marc Huët will step down after his tenure, as well as Maarten Das, who has served since 1994.

What qualifications do the new appointees have?

Peter Wennink has extensive leadership experience, Alexander de Carvalho has a background in finance and technology, while Nitin Paranjpe has excelled in global business leadership.

When are the changes expected to take effect?

The transitions will take effect at the Annual General Meeting scheduled for April.

How does Heineken ensure strong governance?

Through strategic appointments, regular audits, and a focus on sustainability, Heineken maintains its commitment to high governance standards.

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