AkzoNobel announces leadership changes

AkzoNobel announces leadership changes 
AMSTERDAM, THE NETHERLANDS -- (Marketwire) -- 10/18/12 -- AkzoNobel
today announced that the Supervisory Board and Board member Leif
Darner have mutually agreed that Leif will step down from the Board
of Management at the 2013 AGM in April. Conrad Keijzer, currently
Managing Director
of AkzoNobel Industrial Coatings, will succeed Leif
Darner in his responsibilities for Performance Coatings. Keijzer will
join the Executive Committee on January 1, 2013, ensuring a smooth
Leif Darner has had an extensive and successful career at AkzoNobel,
joining the company in 1998 when Courtaulds became part of the
company. He was appointed
Business Unit Manager of AkzoNobel Marine
and Protective Coatings in 1999, a
position he held until 2004, when
he was appointed to the Board of Management as member responsible for
Chemicals. In May 2008, he assumed responsibility for the Performance
Coatings business area. 
"I would like to thank Leif for his outstanding service and his
much-valued contribution to helping establish AkzoNobel as a leading
global company," said
Karel Vuursteen, Chairman of the Supervisory
Board. "He played a fundamental
role in the successful realignment of
our Chemicals portfolio and brought a new
focus to our Performance
Coatings business, both of which proved crucial in reshaping our
strategic agenda." 
Vuursteen continued: "Conrad Keijzer brings with him a strong track
record and
extensive management experience within AkzoNobel. As
Managing Director of Industrial Coatings, he completed a number of
important acquisitions and secured
several global market leadership
positions. The successor for Conrad Keijzer
will be announced in due
In addition, Werner Fuhrmann, currently Executive Committee member
for Supply Chain and Sourcing, and presently also
responsible for the Specialty
Chemicals business area on an interim
basis, will officially become the Executive Committee member
responsible for Specialty Chemicals. 
Werner Fuhrmann started his career in the field of finance and he was
General Manager of Chelates and Sulphur Products in 2000
before becoming Managing Director of Industrial Chemicals in 2005, a
position he held until taking on his current role as an Executive
Committee member in 2011. 
Vuursteen concluded: "On behalf of Ton Buechner and the Supervisory
Board, I would like to wish Leif well and wish Werner and Conrad
every success in their
new roles. We are confident that their
knowledge and skills will be of great
benefit to the company in the
years to come." 
AkzoNobel is the largest global paint and coatings company and a
major producer
of specialty chemicals. We supply industries and
consumers worldwide with innovative products and are passionate about
developing sustainable answers for
our customers. Our portfolio
includes well known brands such as Dulux, Sikkens,
International and
Eka. Headquartered in Amsterdam, the Netherlands, we are a
Fortune 500 company and are consistently ranked as one of the leaders
in the area of sustainability. With operations in more than 80
countries, our 55,000 people around the world are committed to
excellence and delivering Tomorrow's Answers Today(TM). 
Harbor Statement 
This press release contains statements which address such key issues
as AkzoNobel's growth strategy, future financial results, market
positions, product
development, products in the pipeline, and product
approvals. Such statements
should be carefully considered, and it
should be understood that many factors
could cause forecasted and
actual results to differ from these statements. These
include, but are not limited to, price fluctuations, currency
fluctuations, developments in raw material and personnel costs,
pensions, physical and environmental risks, legal issues, and
legislative, fiscal, and
other regulatory measures. Stated
competitive positions are based on management
estimates supported by
information provided by specialized external agencies.
For a more
comprehensive discussion of the risk factors affecting our
please see our latest Annual Report, a copy of which can be
found on the company's corporate website www.akzonobel.com. 
file AkzoNobel press release: http://hugin.info/130660/R/1650113/532103.pdf 
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originality of the information contained therein. 
Source: Akzo Nobel NV via Thomson Reuters ONE 
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Contact: Tim van der Zanden 
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