Avantium’s CFO to step down at end of 2019.
Dutch renewable chemicals company Avantium has announced that Frank Roerink, Chief Financial Officer and member of the Management Board, will leave the company at the end of 2019.
In a statement, the company said that he will continue to fulfil his responsibilities for the remainder of the year. This will allow the company to start looking for a successor.
Kees Verhaar, Chairman of the Supervisory Board, said: “As Avantium enters the next chapter of executing its strategy to commercialise its renewable chemical technologies, we concluded that this phase requires a different composition of the Management Board. For more than twelve years, Frank has played a vital role in building Avantium as a leading company in renewable chemistry.
“As our CFO, he was invaluable in securing solid funding needed for the investments towards a fossil-free world and preparing the company for its successful listing in 2017. We are looking forward to continuing the good cooperation and realizing further achievements in the coming period. On behalf of all of us at Avantium, I would like to thank him and wish him all the best in his future endeavours.”
Frank Roerink said: “I have been very lucky to work with this fantastic team since 2007. I am proud to have been part of creating and building a more sustainable future with Avantium. I leave Avantium behind with a strong foundation to be successful.
“I am fully committed to further contribute to Avantium’s strategy in the months ahead. I want to thank Tom van Aken, my colleagues and the Supervisory Board for sharing the vision, courage and determination to embark on this journey.”