Heineken NV, the world's second largest beer maker, said on Monday it will replace its chief financial officer as it continues with an overhaul of its leadership and embarks on a major cost-saving plan. Laurence Debroux, who took up her role in 2015, will step down after the Dutch brewer holds its annual shareholder meeting on April 22, and be succeeded on June 1 by Harold van den Broek, currently head of hygiene at Reckitt Benckiser. "He has led large scale business transformations, has decades of consumer goods experience and brings fresh external perspective," Heineken CEO Dolf van den Brink said of Van den Broek.
Laurence Debroux Photo Laurence Debroux Harold van den Broek Photo Harold van den Broek Amsterdam, 8 March, 2021 – HEINEKEN today announced that after a successful tenure as Chief Financial Officer and member of the Executive Board, Laurence Debroux and the Supervisory Board have jointly agreed that she will step down after the company’s Annual General Meeting of Shareholders (AGM) on 22 April 2021. The Supervisory Board will nominate Harold van den Broek, currently President Hygiene at RB (Reckitt Benckiser), to be appointed as member of the Executive Board and Chief Financial Officer at the company’s AGM, for a period of four years. Harold van den Broek has been with RB since 2014 where he was CFO Hygiene before assuming his current role. Harold spent over 30 years in fast moving consumer goods companies in a broad range of finance roles across business units, regions and global functions. He began his career at Unilever in 1991, living and working in Europe, across Asia and in Russia. Subject to shareholder appointment, he will join HEINEKEN on 1 June 2021 and both Laurence and Harold will work together to ensure a smooth transition. Dolf van den Brink, Chairman of the Executive Board and CEO of HEINEKEN commented: “I would like to thank Laurence for her many contributions to HEINEKEN, both as CFO and as fellow Executive Board member. Over the past six years, she has strongly contributed to HEINEKEN's success. Most recently, she played a key role in steering the company through the COVID-19 crisis and shaping EverGreen, our strategic direction for the company, exploring how to accelerate and expand our sources of growth while simplifying and right sizing our cost base. Laurence leaves HEINEKEN in a strong financial position and with the finance teams in great shape, thanks to her continuous drive to develop and nurture great talent. We wish her every success in the future. I am very happy to welcome Harold to HEINEKEN and am confident that he will be an outstanding finance and business leader for the company. Harold brings deep financial expertise and strong business acumen as the current president of a multi-billion pound business. He has led large scale business transformations, has decades of consumer goods experience and brings fresh external perspective – all of which will be an asset as we embark on our EverGreen journey, enter our next phase of growth and build on the great platform established by Laurence.” Laurence Debroux said: “It has been a great privilege and honour to serve as Executive Board Member and CFO of HEINEKEN for the past 6 years. I have deeply appreciated working with so many great colleagues from all around the world and I am proud of the strength of the finance organisation. I have very much enjoyed working with Dolf and my colleagues in the Executive Team. Over the last year, we have been shaping together the strategic direction for the company to emerge stronger from the COVID-19 crisis. I leave with full confidence that under Dolf’s leadership the company is in the best of hands to embark on its next growth chapter under a renewed strategy. This has been an intense and fulfilling period, and I see now is a natural moment to hand over and take some time to chart the next phase in my professional life. I would like to express my gratitude to the Supervisory Board for their support and trust over the past 6 years.” Jean-Marc Huët Chairman of the Heineken N.V. Supervisory Board said: “On behalf of the Supervisory Board, I want to recognise and thank Laurence for her many contributions to HEINEKEN over the past years. She has our sincere thanks and we wish her the very best. I am delighted to welcome Harold to HEINEKEN. We very much look forward to working with him and to benefiting from his proven delivery on strategy and considerable experience as a business leader.” -END-Press enquiries Sarah Backhouse / Michael Fuchs E-mail: firstname.lastname@example.org Tel: +31-20-5239-355 Investor and analyst enquiriesFederico Castillo Martinez / Janine Ackermann / Robin AchtenE-mail: email@example.comTel: +31-20-5239-590 Editorial information About HEINEKENHEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 300 international, regional, local and specialty beers and ciders. HEINEKEN is committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brewing a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. It employs over 84,000 employees and operates breweries, malteries, cider plants and other production facilities in more than 70 countries. Heineken N.V. and Heineken Holding N.V. shares trade on the Euronext in Amsterdam. Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on Reuters under HEIN.AS and HEIO.AS. HEINEKEN has two sponsored level 1 American Depositary Receipt (ADR) programmes: Heineken N.V. (OTCQX: HEINY) and Heineken Holding N.V. (OTCQX: HKHHY). Most recent information is available on HEINEKEN's website: www.theheinekencompany.com and follow us on LinkedIn, Twitter and Instagram. Market Abuse RegulationThis press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. Attachments Press release HEINEKEN announces CFO succession (8_3_2021) Laurence Debroux Harold van den Broek
Mexican Coke bottler Coca-Cola Femsa said on Wednesday that it had reached an agreement with Heineken NV over distribution in Brazil, a move that clears a significant legal hurdle for the Dutch brewer's expansion in the South American nation. Heineken has expanded significantly in Brazil in recent years, where it is competing fiercely against national giant Ambev SA. An arbitral dispute with Femsa had proved an enduring issue, however.