The Supervisory Board of Vopak has appointed one of its own members, Mr. van A. Rossum, as its future Chairman. He is succeeding Mr. J.D. Bax, who, at the age of 72 will resign at his own request, from the Supervisory Board following the General Shareholders’ Meeting to be held on April 24, 2008.
Mr. Bax became Chairman shortly after the chemical-distribution activities had been divested in 2002. Under his leadership, the Supervisory Board oversaw the transformation of Vopak from a general logistics-services provider into a company concentrating on tank storage as its core activity. Moreover, as Chairman of the Supervisory Board, he supervised the development of the company’s growth strategy, which Vopak – as the world’s largest independent tank-terminal operator – is now implementing with great success.
His successor, Mr. Van Rossum (62 years) has more than 30 years of experience in the banking and insurance industry, as Chairman of the Executive Committee (CEO) of Fortis from 2000 until the end of 2004 and earlier among others as Senior Partner of McKinsey & Company.
On September 27, 2007, Mr. Van Rossum joined the Supervisory Board of Vopak as a member. In addition, he is currently member of the Board of Directors of Credit Suisse; member of the Supervisory Board of Solvay and Rodamco Europe. On top of this, he chairs the Supervisory Board of Erasmus University Rotterdam and is Trustee of the Conference Board New York.
Profile Vopak
Royal Vopak (Vopak) is the world’s largest independent tank terminal operator specialising in the storage and handling of liquid and gaseous chemical and oil products. On request, Vopak can provide complementary logistics services for customers at its terminals. Vopak operates 74 terminals with a storage capacity of more than 21 million cbm in 30 countries. The terminals are strategically located for users and the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.