The Supervisory Board consists of:
Mr Rottinghuis is a Dutch businessman, who has held senior executive and non-executive roles for leading European companies across various industry sectors. He served as CEO and chairman of the Executive Board of Pon Holdings from 2001 until his retirement in 2010. He joined Pon in 1993 and became member of the Executive Board in 1999. Before that he fulfilled senior management roles at Royal Nedlloyd Group. After his retirement from Pon, he has held several Supervisory Board and non-executive director positions, among others at Royal Bank of Scotland, Blokker, DRG (food retail), Stork (chairman) and CRH (cement building materials). Mr Rottinghuis completed his studies at the University of Groningen in 1982.
Mr Rottinghuis is a Dutch national and is holding 100,000 hares in the Company’s capital.
Mr Rottinghuis was appointed to the Supervisory Board in 2020.
Mr Boon studied both quantitative business economics and commercial law at Erasmus University Rotterdam, graduating in 1983. He also completed the RA (Chartered Accountant) study at the same university. Mr Boon started his career at Unilever. From 1983 to 2000, he fulfilled various positions within the company, lastly as the CFO of Unilever Brazil. In 2000, Mr Boon was appointed the CEO of DiverseyLever Netherlands, a position he fulfilled until 2004. Subsequently, Mr Boon held the position of CFO and member of the Executive Board with Rijnmond Waste Processing and Van Gansewinkel Group respectively. In 2010, he transferred to Nutreco, being appointed CFO and Executive Board member in 2011. In 2015, following the delisting of Nutreco, he decided to leave the company.
Mr Boon has Dutch nationality and is holding 100,000 shares in the Company’s capital.
Mr Boon was appointed to the Supervisory Board in 2017 and reappointed in 2021. He was appointed as vice-chairman of the Supervisory Board in 2019.
Mr Elfring obtained a master’s degree in Law and Business Economics at the University of Groningen. He started his career at (then) Amsterdam-Rotterdam Bank, followed by management positions at Rabobank, Amsterdamse Investeringsbank, MeesPierson and Lehman Brothers. Between 2008 and 2011 he worked for Credit Suisse, where among others he was responsible for Investment Banking in Northern Europe and the Benelux. Between 2011 and 2018 Mr Elfring worked for Bank of America Merrill Lynch, where since 2012 he was responsible for Corporate and Investment Banking in Europe, the Middle East and Africa, based in London. In 2021, he became Vice Chair of EMEA Investment Banking at J.P. Morgan Securities plc.
Mr Elfring is a Dutch national and does not own any shares in the Company’s capital.
Mr Elfring was appointed to the Supervisory Board in 2020.
Mrs Koopmans earned a master’s degree in Law from Erasmus University Rotterdam and a (post master’s) degree Real Estate Law from Radboud University Nijmegen. Between 1991 and 1998, Mrs Koopmans was Chief Legal Officer at NBM-Amstelland (acquired by BAM in 2000). Afterwards, she has worked in various commercial and senior international leadership positions at Heerema Group, Cap Gemini Engineering and RELX Group. Between 2011 and 2015 Mrs Koopmans was managing director of the Legal & Regulatory division of Wolters Kluwer in the Netherlands and director of the global business line for workflow solutions. Before Wolters Kluwer she was CEO at LexisNexis Business Information Solutions (RELX Group).
Mrs Koopmans is a Dutch national and is holding 15,000 shares in the Company’s capital.
Mrs Koopmans was appointed to the Supervisory Board in 2020.
Mr Sheffield studied civil engineering at the University of Surrey. He is a Chartered Engineer and Fellow at the British Institution of Civil Engineers. From 1983 to 2014 he was employed by the Kier Group, a large British construction and property development group, listed on the London stock exchange, where he held a number of management positions. Mr Sheffield spent the first 17 years of his career working on significant infrastructure and construction projects around the world, including seven years as a project director on power stations in the United Kingdom, desalination plants in Saudi Arabia and underground railways in Hong Kong. He then spent seven years running business units within the United Kingdom and in 2005 he joined the Board of Kier Group with responsibility for global construction activities. He was appointed as Chief Executive Officer in 2010. In 2014 Mr Sheffield left the Kier Group for Laing O’Rourke, the largest private construction company in the United Kingdom, where he was a member of the Executive Committee until 2017, responsible for their activities in Europe and the Middle East.
Mr Sheffield is a British national and does not own any shares in the Company’s capital.
Mr Sheffield was appointed to the Supervisory Board in 2017 and reappointed in 2021.
Dr Skorupska obtained a master degree in Chemistry, Engineering and Geology at the University of Newcastle upon Tyne and subsequently conducted post-graduate research at the same university. She started her professional career with multiple research and management roles at successive IEA Coal Research and National Power plc. In 2001, Dr Skorupska moved to RWE where she held various senior management and executive positions until 2012, most recently as Chief Technology Officer at Essent in 's-Hertogenbosch, where she was responsible for Essent's power plants (including construction projects). In 2013, Dr Skorupska became Chief Executive of REA, the Association for Renewable Energy and Clean Technology.
Dr Skorupska has the British nationality and does not own any shares in the Company’s capital.
Mrs Skorupska was appointed to the Supervisory Board in 2021.
The General Meeting of Shareholders held on 12 April 2023 fixed the annual remuneration for the members of the Supervisory Board at €94,500.- for the chairman, €57,750.- for the vice-chairman and €52,500.- for the other Board members. This remuneration will be supplemented with an additional allowance of max. €10,500.- (chairman) or €7,350.- (members) per annum for the membership of one or more committees. In addition, Board members will receive an attendance fee of €1,500.- per meeting outside their country of residence. Actual costs in the performance of the duties for BAM are reimbursed. In exceptional circumstances when a significant increase in time investment by its members is necessary to serve the long-term interests and sustainability of the Company as a whole or to assure its viability the Supervisory Board may decide to award members an additional remuneration of €1,500.- per half-day. No options or shares are awarded to members of the Supervisory Board and no loans are issued to them. Any shareholding in the Company’s capital by Supervisory Board members is for long-term investments.
The remuneration (excluding reimbursement of expenses) of the members of the Supervisory Board for the year 2023 is as follows:
|H.Th.E.M. Rottinghuis, chairman
|G. Boon, vice-chairman
The remuneration of the Supervisory Board members does not depend on the company's results, nor on a change of control in the company.
For more information, please see the remuneration policy 2023 for the Supervisory Board and the remuneration report 2023.
As per 13 April 2023
|Date of birth
|Date of initial appointment
|Year of re-appointment
|End of current term
|Ultimate date of resignation
|H.Th.E.M. Rottinghuis *, chairman
|AGM of 2032
|G. Boon, vice-chairman
|AGM of 2029
|AGM of 2032
|D. Koopmans *
|AGM of 2032
|AGM of 2029
|AGM of 2033
* Strengthened right of recommendation of Central Works Council
Members of the Supervisory Board are appointed for a term of four years and may be reappointed for one additional term of four years. After this term, they may be reappointed again for a term of two years, which term may then be extended with a maximum of two years.
Members of the Supervisory Board shall resign immediately after the annual general meeting of shareholders in the year of their resignation.