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American Shipper

Royal P&O Nedlloyd nominates two non-executive directors

Royal P&O Nedlloyd nominates two non-executive directors

   Royal P&O Nedlloyd, the Dutch parent company of P&O Nedlloyd Container Line, said Wednesday it has appointed two non-executive directors, subject to shareholder approval at the company’s annual general meeting to be held May 12.

   The two nominations are for Ad Scheepbouwer and Christine Morin-Postel. Scheepbouwer is chairman of the executive board of KPN N.V., the Dutch telecommunications company. Morin-Postel is a former executive vice president and member of the executive committee of the energy and environmental group Suez, and was chief executive officer of Soci't' G'n'rale de Belgique. She is also a non-executive director of Royal Dutch Shell group, Alcan Inc., 3i plc and Pilkington plc.

   Royal P&O Nedlloyd said Haddo Meijer is leaving the board in order to achieve the balance of independent directors on the board.

   If the nominations are successful, the board will comprise seven non-executive members, five of which are independent, and three executive members.

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