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Netherlands – Brunel International COO departs over differences of opinion

23 August 2016

Dutch staffing firm Brunel International have agreed to part ways with COO and head of the Energy division, Arjan de Vries.

A settlement was agreed on the termination of the contract for services. Based on this settlement agreement Brunel will pay an amount of €313,410 gross to De Vries.

In a statement, Burnel International stated: “The Supervisory Board and Board of Directors of Brunel are very grateful for his contribution to Brunel during his long career with Brunel and regret the differences of opinion regarding the operational management and strategy in recent months.”

Last week, Brunel published its Q2 2016 financial results with revenue down 25% in constant currency. The Brunel Energy division saw revenue fall more sharply at 43% to €119.8 million. Jan Arie van Barneveld, CEO of Brunel claimed, as part of the results announcement, “We continue to improve our operational performance and processes in Energy to remain profitable in this challenging environment”.

The decision has been taken to continue with a Board of Directors of two members consisting of Jan Arie van Barneveld and CFO Peter de Laat.