Supervisory Board
The Supervisory Board is charged with supervising the policies of TNT as well as assisting the Board of Management by providing advice. The Supervisory Board evaluates the main organisational structure and the control mechanisms established under the management of the Board of Management. The responsibility for proper performance of its duties is vested in the Supervisory Board as a whole. Members of the Supervisory Board may take positions different from those of the Board of Management. Share ownership is not required to qualify as a member of the Supervisory Board.
Members of the Supervisory Board perform their duties without mandate and independent of any particular interest in the business of the company. TNT’s Supervisory Board is responsible for the quality of its own performance and for this purpose annually reviews its performance.
Under the large company regime members of the Supervisory Board are appointed by the General Meeting of Shareholders following nomination by the Supervisory Board. The general meeting of shareholders can, furthermore, dismiss the Supervisory Board as a whole by an absolute majority of the votes cast representing at least one third of the issued capital. For further details on the appointment and dismissal of (members of) the Supervisory Board see articles 28 and 29 of TNT’s articles of association.
Members of the Supervisory Board are appointed by the general meeting of shareholders for a period of four years with a maximum of 3 terms according to a rotation plan. The remuneration of members of the Supervisory Board is determined by the General Meeting of Shareholders.
In the case of vacancies in the Supervisory Board, candidates are selected to fit the profile of the Supervisory Board. The by-laws of the Supervisory Board are compliant with the Dutch Corporate Governance Code.
Piet Klaver (1945, Dutch)
Committees: Nominations (Chairman), Remuneration, Public Affairs
Mr. Klaver has been chairman of the TNT Supervisory Board since January 2009. He was appointed as a member of the Supervisory Board in April 2008. His current term expires in 2012.
Mr. Klaver is also
- chairman of the supervisory board of Jaarbeurs Utrecht, Credit Yard Group B.V. and Dekker Timber Group B.V.
- chairman of the board of trustees of the Utrecht School of Arts
- member of the supervisory board of ING Group N.V., SHV Holdings N.V., Dura Vermeer Groep N.V. and African Parks foundation.
Mr. Klaver was formerly
- chairman of the executive board of directors at SHV Holdings where he also held various other positions.
Shemaya Levy (1947, French)
Committees: Remuneration (Chairman)
Mr. Levy has been vice-chairman of the TNT Supervisory Board since January 2009. Mr. Levy was appointed as a member of the Supervisory Board in April 2005. His current term expires in 2009.
Mr. Levy is also
- a member of the supervisory board of Nissan, Renault Spain, Safran, Segula Technologies and AEGON N.V.
Mr. Levy was formerly
- executive vice-president and chief financial officer of Renault Group
- chief executive officer of Renault Industrial Vehicles Division
- in various other positions at Renault Group.
Robert Abrahamsen (1938, Dutch)
Committees: Audit (Chairman), Nominations
Mr. Abrahamsen has been a member of the Supervisory Board since May 2000. His current term expires in 2012.
Mr. Abrahamsen is also
- chairman of the supervisory board of Optimix Vermogensbeheer N.V. and Trans Link Systems
- a member of the supervisory board of Fluor Daniel B.V., PON Holdings B.V., Havenbedrijf Rotterdam B.V., ANP, Madurodam B.V., Royal BAM Group, Vitens N.V. and Bank Nederlandse Gemeenten.
Mr. Abrahamsen was previously
- a member of the management board and chief financial officer of KLM Royal Dutch Airlines N.V.
- senior executive vice-president of ABN AMRO Bank N.V.
Nelly Altenburg (1952, Dutch)
Committees: Audit, Public Affairs
Ms Altenburg was appointed as a member of the Supervisory Board in April 2009. Her current term expires in 2013.
Ms Altenburg is also
- a member of the Supervisory Board of MSD B.V., Kunst en Cultuur Pensioen- en Levensverzekeringmaatschappij N.V., KONI B.V., M&N Services and chairman of the Remuneration Committee, the Zuiderzee Museum
- Chairman of Stichting Welzijn aan het IJ
- Chairman of Comissie Verstrekkings- en Indicatiegeschillen van het College voor Zorgverzekeringen
- Vice-Chairman of Nederlands Instituut van Psychologen
Ms Altenburg was formerly
- Member of the executive board of AbvaKabo FNV
- Vice-President of the board of ABP
- Board member of PGGM
- Various positions in other FNV unions and related boards
Victor Halberstadt (1939, Dutch)
Committees: Public Affairs (Chairman), Nominations
Mr. Halberstadt was appointed as a member of the Supervisory Board in June 1998. His current term expires in 2010.
Mr. Halberstadt is also
- professor of public finance at Leiden University
- international advisor of The Goldman Sachs Group Inc.
- non-executive director of PA Consulting Group Ltd.
- a member of the supervisory board of Het Concertgebouw N.V.
Mr. Halberstadt was previously
- president of the International Institute of Public Finance
- crown-member of the Social and Economic Council
- chairman of the Daimler Chrysler international advisory board
- member of the supervisory board of Royal KPN N.V.
Mary Harris (1966, British)
Committees: Audit
Ms. Harris was appointed as a member of the Supervisory Board in April 2007. Her current term expires in 2011.
Ms. Harris is also
- a non-executive director at J. Sainsbury plc.
- member of the supervisory board of Unibail-Rodamco S.A.
- member of the advisory board of Irdeto B.V.
Ms. Harris was formerly
- in various positions at McKinsey & Company in London, China, South-east Asia and Amsterdam
- in various positions at media venture capital firm Maxwell Entertainment Group, Pepsi Cola Beverages, and Goldman Sachs & Co.
Roger King (1940, American)
Committees: Remuneration
Mr. King was appointed as a member of the Supervisory Board in April 2006. His current term expires in 2010.
Mr. King is also
- non-executive director of Arrow Electronics, Inc. (USA) and Orient Overseas International Limited (Hong Kong)
- a standing committee member of the Chinese People’s Consultative Conference of Zhijiang Provincial Committee and serves on various business and community committees
- adjunct professor at Hong Kong University of Science and Technology.
Mr. King was formerly
- president and chief executive officer of Sa Sa International Holdings Limited
- chairman and chief executive officer of ODS System-Pro Holdings Limited (Hong Kong) part of the CY Tung Group of Companies
- managing director and chief operating officer of Orient Overseas International Limited.
Wim Kok (1938, Dutch)
Committees: Nominations, Public Affairs
Mr. Kok was appointed as a member of the Supervisory Board in April 2003. His current term expires in 2011.
Mr. Kok is also
- a non-executive director of Royal Dutch Shell plc
- a member of the supervisory board of ING Group N.V. and KLM Royal Dutch Airlines N.V.
- chairman of the board of trustees of the Dutch National Ballet and Antoni van Leeuwenhoek Hospital (Netherlands Cancer Institute)
- chairman of the Anne Frank Foundation
- member of the board of trustees of Het Muziektheater
Mr. Kok was formerly
- Prime Minister of the Netherlands
- Minister of Finance
- member of parliament
- chairman of the Confederation of Dutch Trade Unions and the European Trade Union Confederation.
Gerard Ruizendaal (1958, Dutch)
Committees: Audit
Mr. Ruizendaal was appointed as a member of the Supervisory Board in April 2008. His current term expires in 2012.
Mr. Ruizendaal is also
- a member of the Group Management Committee of Royal Philips Electronics N.V. responsible for Group Strategy and Business Development.
Mr. Ruizendaal was formerly
- in various positions at Philips amongst others Group Controller
- vice chairman of the supervisory board and member of the audit committee of Atos Origin.