The Supervisory Board of Getronics NV is pleased to announce that Klaas Wagenaar (46) is willing to remain as the chairman of the board of directors of Getronics NV for a new period of four years, on condition that his appointment is approved by the shareholders during the next shareholders' meeting. This new period of four years will commence from the date of the shareholders' meeting.
The Supervisory Board finds it extremely important that the continuity of leadership of the company will be guaranteed in this crucial period for the company and for the ICT industry in general.
Because the appointment period of the current board of directors will expire in the beginning of 2007, the Supervisory Board has requested Klaas Wagenaar to accept an appointment to the board for the complete period of four years, which will put him in a position to continue to lead the transformation process that was initiated in 2003 and to develop the chosen strategy further.
Subject to the approval of the shareholders' meeting, the terms and conditions of appointment of Klaas Wagenaar have been brought in line with the current size and position of the company. The main changes are the enhancement of the fixed salary from euro 600.000 to 650.000 and the related effect of this on the variable salary. In accordance with the remuneration policy of Getronics, the terms and conditions are based on those currently existing in the market.
About Getronics
With some 27,000 employees in over 30 countries and approximate revenues of EUR 3 billion, Getronics is one of the world's leading providers of vendor independent Information and Communication Technology (ICT) solutions and services.
Getronics designs, integrates and manages ICT infrastructures and business solutions for many of the world's largest global and local companies and organisations, helping them maximise the value of their information technology investments. Getronics’ headquarters are in Amsterdam, with regional offices in Boston, Madrid and Singapore. Getronics' shares are traded on Euronext Amsterdam ("GTN"). For further information about Getronics, visit www.getronics.com