- What is the profile of Bekaert?
Bekaert (www.bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with 30 000 employees worldwide, headquarters in Belgium and € 4 billion in annual revenue.
- In which sectors is Bekaert present?
Bekaert is present in:
|The automotive sector (mainly a replacement market)
|Construction sector (mainly project and infrastructure)
|Energy and utilities
|Agriculture (mainly in the America’s)
The General Meeting of Shareholders takes place every second Wednesday of May.
- What is the composition of the Board of Directors?
The Board of Directors consists of 15 members, who are appointed by the General Meeting of Shareholders. The Chairman and the Chief Executive Officer are never the same individual. The Chief Executive Officer is the only Board member with an executive function. All other members are non-executive Directors.
Composition Board of Directors as from the General Meeting of Shareholders of 11 May 2016:
- Mr. Bert De Graeve, Chairman
- Mr. Matthew Taylor, CEO
- Ms. Celia Baxter (*)
- Mr. Alan Begg (*)
- Mr. Leon Bekaert
- Mr. Grégory Dalle
- Mr. Charles de Liedekerke
- Mr. Christophe Jacobs van Merlen
- Mr. Maxime Jadot
- Ms. Pamela Knapp (*)
- Ms. Martina Merz (*)
- Ms. Emilie van de Walle de Ghelcke
- Mr. Henri Jean Velge
- Ms. Mei Ye (*)
(*) Independent Directors
- Which are the committees of the Board of Directors?
The Board of Directors has established three advisory Committees.
- the Audit and Finance Committee, chaired by Lady Barbara Thomas Judge, independent Director
- the Nomination and Remuneration Committee, chaired by the Chairman of the Board
- and the Strategic Committee, chaired by the Chairman of the Board.
The Bekaert Group Executive assumes the operational responsibility for the company’s activities and acts under the supervision of the Board of Directors. The executive management team is chaired by Matthew Taylor, Chief Executive Officer.
The operational responsibility for the company’s activities is assigned to the Bekaert Group Executive which is supervised by the Board of Directors. The Bekaert Group Executive is chaired by the Chief Executive Officer and its members bear the title of Executive Vice President. They are responsible for the global business platforms, the regional operations and the global support functions respectively.
Bruno Humblet, Chief Financial Officer and Executive Vice President Bekaert Latin America, will become Chief Executive Officer of the proposed Bridon Bekaert Ropes Group. This appointment is conditional upon, and effective from, the completion of the merger announcement. Bruno will step down as a member of the Bekaert Group Executive.
The nomination of a new CFO will be announced in due course.
Stijn Vanneste has been promoted to Executive Vice President Europe, South Asia and South East Asia. He became a member of the Bekaert Group Executive as of April 2016. Stijn joined Bekaert in 1995 and has taken up several international management positions in the Group before his most recent position as Senior Vice President Manufacturing Excellence.
The Bekaert Group Executive consists of 9 members and is composed as follows:
Matthew Taylor, CEO
Beatriz García-Cos Muntañola, CFO
Lieven Larmuseau, Executive Vice President Rubber Reinforcement
Curd Vandekerckhove, Executive Vice President North Asia and Global Operations
Geert Van Haver, Chief Technology Officer
Stijn Vanneste, Executive Vice President EMEA,
South Asia and South East Asia
Piet Van Riet, Executive Vice President Industrial & Specialty Products
Frank Vromant, Executive Vice President Americas
Bart Wille, Chief HR Officer
- Who is the external supervisor?
The company’s Statutory Auditor is Deloitte Bedrijfsrevisoren.