Bot replaces van Dalen at TNT

TNT has announced the appointment of Bernard Bot as the new Chief Financial Officer (CFO). TNT will notify his appointment as member of the Board of Management to the shareholders in the upcoming AGM in April 2011.

The appointment follows the departure of CFO and member of the Board of Management Henk van Dalen, who will leave the company following his appointment as CFO at VimpelCom LTD.

Van Dalen will formally leave TNT at the end of September but his day-to-day involvement effectively ended on 1 August 2010.

In reaction to the news, chairman of the Supervisory Board Piet Klaver, and CEO Peter Bakker, said: “It is regrettable that Henk van Dalen decided to leave TNT. Obviously, we respect his decision and congratulate him with the move to his new function. In his term as CFO of TNT, Henk has strengthened the finance functions within TNT, made substantial improvements in various finance areas, such as tax and cash management and clearly contributed to the strategic development of the group.

“We are very pleased to be able to announce the appointment of Bernard Bot as CFO. His financial and business experience inside and outside the company and his involvement in recent strategic corporate projects give us great confidence in Bernard. We wish him success in this important role for the company.”

Bernard Bot has assumed his new role per 1 August 2010. Bernard joined TNT in 2005 and until now was responsible for several functions within Finance, such as Business Control, M&A and Risk Management and led major strategic projects. Prior to joining TNT, Bernard was a partner at McKinsey & Company, working with clients in the transport, post and logistics sectors.

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