Van Lanschot today announced that John Hak will resign as Chairman of the Management Board of its subsidiary Kempen & Co. The reason is a difference of opinion about the governance model of the group.
Karl Guha, Chairman of Van Lanschot, said: “We are very grateful to John for his commitment and achievements in his long career with Kempen. Under his leadership, Kempen has grown into a highly successful merchant bank and asset manager, which with focus and discipline has built a strong position. John has made a significant contribution to its success with his drive, creativity and analytical rigour. We wish him every success in the future.”
John Hak said: “We worked hard to resolve differences of opinion about the governance model. We did not succeed – much to my regret. However, I am convinced Kempen has all it needs to continue to be successful.”
John Hak will conclude his activities in the coming period and will leave Kempen on 1 March 2015.