Avantium announces that Frank Roerink, Chief Financial Officer and member of the Management Board, will leave the company at the end of 2019. He will continue to fulfill his responsibilities for the remainder of the year. This allows the company to start looking for a successor.

Kees Verhaar, Chairman of the Supervisory Board, says: “As Avantium enters the next chapter of executing its strategy to commercialize its renewable chemical technologies, we concluded that this phase requires a different composition of the Management Board. For more than twelve years, Frank has played a vital role in building Avantium as a leading company in renewable chemistry. As our CFO, he was invaluable in securing solid funding needed for the investments towards a fossil-free world and preparing the company for its successful listing in 2017. We are looking forward to continuing the good cooperation and realizing further achievements in the coming period. On behalf of all of us at Avantium, I would like to thank him and wish him all the best in his future endeavors.”

Frank Roerink says: “I have been very lucky to work with this fantastic team since 2007. I am proud to have been part of creating and building a more sustainable future with Avantium. I leave Avantium behind with a strong foundation to be successful. I am fully committed to further contribute to Avantium’s strategy in the months ahead. I want to thank Tom van Aken, my colleagues and the Supervisory Board for sharing the vision, courage and determination to embark on this journey.”

http://www.avantium.com