Arcadis Transitions to New CFO: Willem Baars Steps Up
Arcadis Announces CFO Transition: A New Chapter Begins
Arcadis, recognized as a global leader in sustainable design, engineering, and consultancy solutions, is undergoing a significant transition in its executive leadership. Virginie Duperat-Vergne will step down as Chief Financial Officer (CFO) and a member of the Executive Board, effective from 31 May 2025. This announcement marks a pivotal moment for the company as it continues to innovate and evolve.
Introducing Willem Baars: The New Interim CFO
As Virginie departs, Willem Baars will step in as the interim CFO starting from 1 June 2025. Currently serving as the Global Strategy, Financing, and M&A Officer, Willem has been with Arcadis for four years and has played a crucial role in the company's strategic initiatives. His impressive background, which includes over two decades at Goldman Sachs, further underlines his qualifications to take on this new role.
Virginie Duperat-Vergne's Reflections
In her farewell statement, Virginie remarked, "After much consideration, I have decided to pursue a new opportunity. Arcadis is home to exceptional talent, and it has been a privilege to contribute to its growth. Working alongside Alan Brookes and Peter Oosterveer has been an honor, and I am proud of what we've achieved together. Our focus on strengthening financial stability and pursuing strategic acquisitions has positioned Arcadis for ongoing success. I trust Willem to continue this journey effectively."
Gratitude from the Supervisory Board
Michiel Lap, the Chair of the Supervisory Board, expressed heartfelt appreciation for Virginie's commitment during her tenure. "We extend our sincerest thanks to Virginie for her leadership over the past five years. Although we will miss her, we fully support her decision and are confident that Willem will foster a smooth transition focused on the Arcadis 2024-2026 strategic plan." This indicates a clear vision for continuity and growth as Arcadis looks ahead.
Support and Confidence from Leadership
Alan Brookes, the CEO of Arcadis, praised Virginie's contributions to the company's financial landscape. He stated, "Virginie's exceptional leadership has been invaluable in enhancing our financial discipline and restructuring our market position. Her guidance led to strategic acquisitions that expanded our global services and improved our financial standing, including an investment-grade credit rating from Standard & Poor’s." This reflects a solid foundation for future growth under new leadership.
Next Steps and Future Plans
With Virginie's departure approaching, the Supervisory Board will begin the search process for her permanent successor immediately. This proactive approach demonstrates Arcadis’s commitment to maintaining strong leadership and ensuring strategic priorities are met without disruption. As Willem Baars transitions into the interim CFO role, his extensive experience and leadership skills will be vital to navigating this change.
About Arcadis: A Commitment to Sustainable Solutions
Arcadis stands as a pillar in the global landscape of sustainable engineering and design. With over 35,000 professionals concentrated in more than 30 countries, Arcadis champions data-driven insights and innovative solutions across various sectors including energy, environment, water, buildings, and infrastructure. In 2024, the company achieved impressive gross revenues of €5.0 billion, demonstrating its robust growth and market relevance.
As the global challenges of climate change, energy demands, and urbanization grow, Arcadis's commitment to improving quality of life through sustainable practices becomes increasingly significant. The company's focus on integrating digital innovation with human expertise ensures that it remains at the forefront of providing tailored solutions for the environments we inhabit.
Frequently Asked Questions
Who is taking over as CFO at Arcadis?
Willem Baars will assume the role of interim CFO starting 1 June 2025.
Why is Virginie Duperat-Vergne stepping down?
Virginie has decided to resign to pursue a new opportunity after significant contributions to Arcadis.
What has Virginie accomplished during her tenure?
She has strengthened Arcadis’ financial position, driven strategic acquisitions, and improved capital market presence.
How will the transition to Willem Baars be managed?
The transition will be closely coordinated to ensure continuity and focus on the strategic plan.
What are Arcadis's main areas of expertise?
Arcadis specializes in sustainable design and engineering solutions across various sectors, including environment, energy, and infrastructure.
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