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Vedior confirms settlement and changes to the Board of Management and Super

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Vedior confirms settlement and changes to the Board of Management and Supervisory Board


Amsterdam, The Netherlands

Today, 16 May 2008, settlement of the public offer made by Randstad for all issued and outstanding shares in the capital of Vedior will take place.


All previously proposed changes to Vedior’s Board of Management and Supervisory Board, as approved in Vedior’s Annual General Meeting of Shareholders held on 25 April 2008, are effective immediately.


As from today, Mr Leo Lindelauf and Mr Jacques van den Broek, both current members of the Executive Board of Randstad Holding have been appointed members of the Board of Management of Vedior. They join the existing Vedior Board members, Mr Brian Wilkinson and Mr Greg Netland, who both also have been appointed as new members of the Executive Board of Randstad Holding. Mr Tex Gunning steps down as CEO of Vedior effective today. He will continue to support the Integration Committee leading the integration of Randstad and Vedior.


Mr Ben Noteboom, CEO Randstad Holding, and Mr Robert-Jan van de Kraats, CFO Randstad Holding, along with Randstad Supervisory Board member Mr Jan Hovers, have all been appointed as members of the Supervisory Board of Vedior, effective from today. The new Supervisory Board is also comprised of current independent Supervisory Board members Mr Willy Angenent and Mr Dick Sinninghe Damsté.


The resignations of Mr Frits Vervoort and Mr Peter Valks as members of the Board of Management and of Mr Henri Giscard d’Estaing and Mrs Beverly Hodson as members of the Supervisory Board are in effect as of today as well. Mr Henri Giscard d’Estaing and Mrs Beverly Hodson have been appointed to the Supervisory Board of Randstad Holding.


“The tremendous growth and improvement in profitability Vedior has achieved over the past decade have been driven by the talent and contributions of its people. I would like to thank Mr Vervoort and Mr Valks for the expertise and dedication which they have brought to their roles and for their leadership as members of the Board of Management.” said Tex Gunning. “I would also like to thank Mr Henri Giscard d’Estaing and Mrs Beverly Hodson for their service to the company and for bringing their valuable international experience to Vedior’s development since 2006.”


For further information, please contact:
Tex Gunning,     +31 (0)20 573 5609
Jelle Miedema, Company Secretary

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