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News

Corus appoints new directors

Corus : 16 September, 2004  (Company News)
The Board of Corus has announced the appointment of two new Directors.
The Board of Corus has announced the appointment of two new Directors.

Jacques Schraven (62) will join the Board as Non-Executive Deputy Chairman with effect from 1 December 2004. He is currently the President of the Confederation of Netherlands Industry and Employers (VNO-NCW), a position from which he will retire when his successor is appointed in the next several months. Mr Schraven currently sits on the Supervisory Boards of NUON NV, one of the largest electricity distributors in Holland, and Fortis OBAM, an investment trust company. Earlier in his career Jacques served as President of Shell Nederland and held a number of executive posts throughout the Royal Dutch/Shell Group.

Rauke Henstra (58) will join the Board as an Executive Director with effect from 1 October 2004. Rauke joined Koninklijke Hoogovens in 1973 and has held a number of technical and operational positions throughout the Group. He is a member of the Executive Committee and will retain his executive responsibilities for the Strip Products Division.

Richard Turner, a Non-Executive Member of the Board since the formation of Corus in 1999 and formerly of British Steel since January 1994, will be retiring with effect from 31 December.

Commenting on these appointments Jim Leng, Chairman said: 'These two appointments add to the international composition of the Board. Jacques brings considerable international experience and expertise together with an in-depth knowledge of business and governmental affairs both within the Netherlands and throughout Continental Europe. Rauke strengthens the steel expertise of the Board and his appointment reinforces the integration programme taking place within the Company. I would also like to thank Richard Turner for his considerable contribution as a Non-Executive Director to the affairs of the Group over a number of years. The Board passes on its best wishes for the future.'
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