Canadian Benjamin Smith was appointed as the new CEO of Air France-KLM - the first time in its 85 year long existence that a French man is not at the head of the French-Dutch airline combination. Smith is currently the chief operating officer of Air Canada. He will take office at Air France-KLM on September 30th at the latest, NOS reports.
Schiphol CEO Jos Nijhuis will be succeeded by a man, Nijhuis said to the Volkskrant. The airport wants to employ a male CEO, rather than a woman, because otherwise there will be more women on the board than men.
Dutch CEOs on average earn 171 times more than the salary of the average employee, according to an analysis by Bloomberg using benchmark stock indexes in 22 nations. That puts the Netherlands in 5th place for the biggest wage gap. The income gaps are only bigger in the United States, India, the United Kingdom, and South Africa.
Listed companies that performed above average for the past seven years paid their CEOs less than companies that performed more poorly, according to a study by Vlerick Business School. The researchers also found that Dutch CEOs were again not among the top earners in Europe last year, with CEOs in Germany and the United Kingdom in particular earning significantly more money.
Delta Lloyd's CFO Clifford Abrahams is moving ot ABN Amro. From September he is taking over as ABN Amro's CFO from Alexander Rahusen, who filled the position on an interim basis, the Telegraaf reports.
Before joining Delta Lloyd, Abrahams worked for insurer and asset manager Aviva and business bank Morgan Stanley. ABN Amro praises him for his "strong service" and "extensive experience" in his previous high positions in the financial sector. Abrahams will continue to work on the commpletion of Delta Lloyd's merger with NN Group until he steps over to ABN Amro.
Gerrit Zalm will be stepping down as CEO of ABN Amro next year, instead of in May 2018 when his contract runs out, the bank announced on Tuesday. The bank’s supervisory board will announce his successor and exact date of departure at a later date, NU.nl reports.
Darren Huston is stepping down as CEO of hotel reservation site Booking.com and also of parent company Priceline Group with immediate effect. He broke the company's internal codes of conduct by having an affair with one of his employees at the Amsterdam head office
Unilever CEO Paul Poman thinks there is a obscene excess in salary handed to chief executives of businesses these days. "I am ashamed of the amount of money I earn," Polman told the Washington Post in an interview.
Alaska has large potential oil reserves that the world is going to demand in the future, Shell CEO Dick Benschop told AD. Oil in the region is increasingly difficult to recover, however, the company's technological potential fits the challenge.
Uber will only approve drivers for its UberPOP service if they have an official Dutch chauffeur's license, the transport service said Wednesday. The service will assist drivers to get the permit, with the drivers contributing a 400-euro investment, NU reported.
The ABN Amro spin-off unto the public market might happen this year after all as the government continues working to list the bank back on the stock market, Prime Minister Mark Rutte said in his weekly press conference after the Cabinet meeting. He says he still has confidence in the leadership of ABN Amro even after the "climate of unrest" from postponing the IPO decision after recent turmoil surrounding the approval of pay raises of the ABN Amro executive board.
Finance Minister Jeroen Dijsselbloem approved the controversial ABN Amro executive board pay raise and promised to defend it publicly in spring 2014, according to a memo ABN Amro put together in August 2014, and acquired by NRC.
Ben van Beurden, the CEO of Shell since January 2014, received a bonus of 24.2 million euros for his work last year, RTV Noord Holland reports based on the annual report published by Shell.
Malaysia Airlines flight MH17 is not included in airplane accident fatality statistics released Monday by the International Air Transport Association (IATA). The inclusion would have added another 298 victims to the total of 641 for 2014, already a 300 percent increase over 2013 figures.
Prime Minister Mark Rutte was on hand when the millionth DAF truck rolled off the assembly line in the company's Eindhoven factory. The 8,000-person company produces about 140 trucks daily.
Dutch software platform AppMachine received a 15.2 million US dollar investment from one of the largest online services providers, Endurance International Group. The investor receives 40 percent of the Heerenveen, Friesland firm's shares in the deal with Endurance having the option to increase share ownership over time, they announced on Tuesday.
Danish brewer Carlsberg has appointed Dutchman Cees 't Hart as their new CEO, who will start on June 15th when current CEO Jørgen Buhl Rasmussen leaves the company. The new CEO is leaving behind his role as the CEO of Dutch dairy company FrieslandCampina, a position he has held since 2008.
Maurice van Tilburg has been appointed as the new CEO of Euronext Amsterdam, Euronext announced today. He will start as CEO with immediate effect, pending regulatory approvals.
Tom Tom has beat expectations and improved the forecast for 2014 by increasing their net profit in the first quarter to €8 million.