The Supervisory Board of Royal Wessanen nv and Mr Frans Eelkman Rooda have agreed in mutual consultation that Mr Eelkman Rooda will step down as CFO of Wessanen on or before 31 May 2011. In the intervening period, the Supervisory Board of Wessanen will search for a successor of Mr Eelkman Rooda.
During the last two years, Wessanen has gone through an accelerated transformation process and made significant steps in the past year with the roadmap to reshape the Company. Major steps in this process have been completed and, going forward, Wessanen will focus on the organic food market in Europe. In light of this, the company and Frans Eelkman Rooda jointly have concluded that a change in financial leadership in 2011 would be appropriate.
Mr Frans Koffrie, Chairman of the Supervisory Board: "In the past years, Wessanen has successfully changed its course. On behalf of the Supervisory Board and the CEO, I would like to thank Frans Eelkman Rooda for his valuable contribution to this transformation process since joining the company in June 2008."
Settlement of the remaining term of Mr Eelkman Rooda's employment agreement will fall within the guidelines of the Dutch Corporate Governance Code.