ARNHEM, Netherlands, March 21, 2003 (PRIMEZONE) -- It has been mutually agreed that Hans Vemer will step down as President of Organon International, the human healthcare business of Akzo Nobel (Nasdaq:AKZOY), effective April 1, 2003.
As of the same date Toon Wilderbeek will assume the responsibility for business unit management of Organon in addition to his tasks as Member of the Board of Management of Akzo Nobel. Mr. Vemer will assist Mr. Wilderbeek in the transitional period.
Mr. Wilderbeek will conduct his business unit management responsibilities from the Organon headquarters in Roseland, New Jersey, United States, while he will maintain his office as Member of the Board of Management in Arnhem, the Netherlands.
Note for the editor
Akzo Nobel, based in the Netherlands, serves customers throughout the world with healthcare products, coatings and chemicals. Consolidated sales for 2002 totaled EUR 14 billion. The Company currently employs approximately 68,000 people in more than 80 countries. Financial results for the first quarter will be published on April 16, 2003.
Internet: www.akzonobel.com
Akzo Nobel N.V.In Europe: John de Munnik, tel. +31 26 366 4343In the United States: Michael Novinski, tel +1 973 325 4666
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