Akzo Nobel NV : AkzoNobel announces new leadership for Decorative Paints

   Akzo Nobel NV : AkzoNobel announces new leadership for Decorative Paints

February 14, 2013

AkzoNobel today announced that Ruud Joosten will be appointed Executive
Committee member responsible for Decorative Paints with effect from the Annual
General Meeting (AGM) on April 26. He will succeed Tex Gunning, Member of the
Board of Management, who will step down and retire. Ruud Joosten is currently
Managing Director of Pulp and Performance Chemicals within the Specialty
Chemicals Business Area.

Ruud Joosten has extensive experience in Decorative Paints and has been
responsible for both mature and high growth regions.In his most recent role,
he managed a truly global business in the Specialty Chemicals Business
Area.In his new assignment, he will concentrate on adapting Decorative Paints
Europe to the challenging market environment and on further expanding
Decorative Paints' presence in key growth markets.

"The future of Decorative Paints is in very good hands. Ruud is a highly
competent manager with a strong track record throughout the organization. On
behalf of the Executive Committee, I wish Ruud every success in his new role,"
said Ton Büchner, CEO of AkzoNobel. "I would also like to thank Tex for his
excellent service to the company and wish him a happy retirement."
Tex Gunning's business career spanned over 25 years in Unilever, lastly as
Business Group President. In September 2007, Tex Gunning was appointed CEO of
Vedior, a global company in HRM services. After a successful merger with
Randstad, he joined AkzoNobel in 2009.
During his tenure at AkzoNobel, Tex Gunning played a crucial role in the
integration of ICI's paints activities into the AkzoNobel organization,
resulting in substantial synergy savings. He oversaw the turnaround of
Decorative Paints in North America, substantially restructured the European
activities and grew the business significantly in high growth markets.
Furthermore, he rationalized the Decorative Paints' brand portfolio, including
the creation of a new global brand identity and a worldwide 'Let's Colour'
marketing program.

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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 Global 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).

Not for publication - for more information

Corporate Media Relations, tel. +31 20 502 7833
Contact: Marcel van de Hoef

Corporate Investor Relations, tel. +31 20 502 7854
Contacts: Jonathan Atack and Sheryl Stokes

Pdf AkzoNobel press release


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Source: Akzo Nobel NV via Thomson Reuters ONE
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