Management

Our Executive Committee makes sure AkzoNobel’s strategies, policies and resources are used to meet our business objectives and targets. While striving to achieve these goals, we always put the interests of our stakeholders first.

The Executive Committee has day-to-day management responsibility for AkzoNobel.  The 8-strong Executive Committee (ExCo), comprises of the four members of the Board of Management and four leaders with functional expertise, allowing both the functions and the business areas to be represented at the highest levels in our company.  The functions represented on the ExCo are: HR & Organizational Development, Research, Development & Innovation, Legal and Supply Chain/Sourcing.

Under the chairmanship of our CEO, Ton Büchner, the members of the Executive Committee share powers and responsibility for managing the company efficiently and effectively. However, the CFO alone is specifically responsible for AkzoNobel’s finances.

Dutch law calls for a two-tier corporate structure. This means the Board of Management is accountable for its performance to a separate and independent Supervisory Board.

The Board of Management is also answerable to the shareholders of the company at the Annual General Meeting.

The Executive Committee members report to the CEO.