Vervelde tenders 6 weeks resignation notice as NB’s MD/CEO
…As board commences search for successor
The Managing Director, CEO, Nigerian Breweries Plc, Mr. Nicolaas Vervelde, has tendered a six weeks resignation notice to the management and board of the company, barely 24 hours after the company concluded its annual general meeting in Lagos.
The resignation which was tendered on 03 May 2017, during the brewing giant’s board meeting will take effect on 16th May 2017, when Vervelde, according to a report from the company, will be proceeding for another assignment by the Heineken group.
According to a released published by the Nigerian Stock Exchange (NSE) on Thursday, the Nigerian breweries announced that its Managing Director CEO, Mr. Nicholaas Vervelde, will complete his assignment with the Nigerian breweries on 16th Junes 2017 and billed to take up new assignment with the Heineken group outside Nigeria.
The report said that, the resignation of its Managing Director came in anticipation of his disengagement, of which Mr. Vervelde had submitted a letter of his resignation from the board and the company, to the board of Directors at the board meeting which held on 03 May 2017, barely 24 hours after the company’s Annual General meeting.
The statement, dated 4th May 2017 and signed by the company’s Secretary/legal adviser, UaboiG Agbebaku Esq, said that the aboard has accepted Vervelde’s resignation, to take effect on
The report said “having previously served on the board as none executive director, Mr. Vervelde rejoined the board on 1st August 2010 as managing Director, CEO and has successfully managed the board of the company ever since.
According to the statement, the company has recorded milestones with Vervelde at the helm of affairs, some of which include, expansion of its operations through acquisition of additional breweries.
“Through a twin agenda of cost leadership and market leadership supported by innovation. The company also expanded its portfolio of brands, while focusing on internal efficiencies. The company ensured a consistently good returns on investments for shareholders.”
The board said that it has immediately commenced a replacement for Vervelde and assured to make a pronouncement in this regard soon.
