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Management

Avantium appoints Boudewijn van Schaïk as Chief Financial Officer

1:17 min Management
Amsterdam, Netherlands

Avantium N.V., a leading technology company in renewable chemistry, announces the appointment of Boudewijn van Schaïk as its Chief Financial Officer (CFO), effective 1 January 2023. Boudewijn van Schaïk will succeed Bart Welten, who has notified Avantium of his intention to retire as CFO for personal reasons. Bart Welten will remain with the company in his role as CFO for the remainder of the year and is committed to ensuring an orderly transition.

The Supervisory Board proposes to appoint Boudewijn van Schaïk as CFO to the Management Board of Avantium at an Extraordinary General Meeting of Shareholders (EGM), to be held on 30 November 2022.

Boudewijn is an experienced finance professional, with proven experience in the capital markets, project financing, treasury and M&A. He currently serves as Corporate Finance Director of SBM Offshore based in Amsterdam. Before joining SBM Offshore in 2013, Boudewijn worked for NIBC Bank in The Netherlands and Singapore. He also held senior finance positions at ABN AMRO, Main Corporate Finance and Alexander Forbes Financial Services (South Africa). Boudewijn holds a Business Science degree (Accounting and Corporate Finance) from the University of Cape Town (South Africa).

“I am pleased to welcome Boudewijn to our Management Board,” says Avantium CEO Tom van Aken. “In addition to his broad international finance and business experience, he will bring extensive strategic funding and project financing expertise - a valuable and relevant background in the context of Avantium’s business plan. Boudewijn will be an excellent addition to the Avantium team.”

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Edwin Moses, Chairman of the Avantium Supervisory Board, comments: “On behalf of the Supervisory Board, Management Team and the entire Avantium organisation, I thank Bart for his dedication, expertise, and contributions to Avantium over the past three years. He has been instrumental in securing the funding needed for executing Avantium’s commercialisation strategy, allowing the company to make an investment decision on the construction of the FDCA Flagship Plant. I wish Bart all the best in the next chapter of his life.”

The meeting documents for the EGM on 30 November 2022 will be published on the Avantium website in due course.

www.avantium.com

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