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Andrew Zaggers Relieved from Temporary Manager Position by Supervisory Board Directors.

August 23, 2016

Andrew Zaggers Relieved from Temporary Manager Position by Supervisory Board Directors.
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PHILIPSBURG:--- The Supervisory Board of Directors of N.V. GEBE has decided in its meeting held on Saturday August 20th 2016 ratified by resolution signed by all 7 members of the Supervisory Board of Directors to effective August 23, 2016 relieve Mr. Andrew Zagers from the position of Interim Managing Director of N.V. GEBE pending the appointment of a new managing board or new managing directors by the shareholder of N.V. GEBE. Please find the Supervisory Board resolution herewith.

The Supervisory Board of Directors of N.V. GEBE has also decided to appoint in accordance with article 8 paragraph 11 of the By-laws:

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- Ms. Iris Arrindell (Commercial Manager)
- Mr. Kenrick Chittick (Production Manager)

jointly to act as the Interim Managing Directors of the Company. The Interim Managing Directors are appointed to make jointly and severally only day-to-day decisions. The acts of the Interim Managing Directors are limited to those acts that cannot be delayed.
A internal memo was sent to all employees of the company informing them of the decisions taken by the company. SMN News further learned that Zaggers refused to accept the letter when it was given to him on Tuesday.

\r\n\t\t\t\t\tAndrew Zaggers Relieved from Temporary Manager Position by Supervisory Board Directors.

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Source: http://www.sxm-talks.com/st-martin-news-network/andrew-zaggers-relieved-from-temporary-manager-position-by-supervisory-board-directors/

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