Van Avermaet may have embraced the group as a whole when he spoke of 35,000 employees, but he will have remained in posture and will not have succeeded in a little more than 12 months at the head of Bpost forging actual links with the North American subsidiary. Van Avermaet has been involved for some time in an investigation into possible competition agreements with his previous employer, security company G4S. Interesting detail: bpost is also a potential victim of the cartel. // addSize([1100, 200], [[1024,250], 'fluid']). // var adsmobileslot; CEO Parcels & Logistics Europe and Asia ... We, the engaged employees of bpost group, take care of relations and transactions in an evolving physical and digital world. Jean-Paul Van Avermaet also plays an active role in various social and cultural organizations. Jean-Paul Van Avermaet is Former Chief Executive Officer at Bpost SA. bpost SA/NV () Q4 2020 Earnings Conference Call March 10, 2021 4:00 AM ET. // googletag.enableServices(); When the previous CEO, Koen Van Gerven, left, it took two and a half months before Van Avermaet was found as a successor. // Bpost has not activated a clause in the contract with ex-CEO Jean-Paul Van Avermaet that could earn him 250,000 euros. Jean-Paul Van Avermaet, the new ceo of Bpost. Leen Geirnaerdt - CFO. March 15, 2021. The Bpost board of directors has announced that Jean-Paul Van Avermaet will become the new CEO of Bpost group, succeeding Koen Van Gerven whose mandate ends on February 26, 2020. It was the federal government, bpost’s main shareholder, that insisted on Sunday on the immediate dismissal of Van Avermaet, according to De Standaard and De Tijd. This caused resentment within bpost’s management. We build on our knowledge of society, customers and technologies. // googletag.pubads().enableSingleRequest(); Bpost CEO fired as international investigation continues. It is specified that “the search for a new CEO has been launched” and that in the meantime the powers of day-to-day management have been delegated to the Chairman of the Board of Directors François Cornelis. // googletag.pubads().collapseEmptyDivs(); CEO bpost. The board of directors is said to have confirmed the dismissal in the evening. The search for a new CEO for the listed postal company is underway. // fetchMarginPercent: 500, The bpost Board of Directors has decided, following the recommendation of bpost’s Remuneration Committee, to nominate Jean-Paul Van Avermaet as the new CEO of bpost group, succeeding Koen Van Gerven whose mandate ends on February 26, 2020. Wallmine is a radically better financial terminal. // The Board of Directors of bpost has decided to terminate with immediate effect the collaboration with Mr. Jean-Paul Van Avermaet in his function of CEO of bpost and to suspend Mr. Van Avermaet as board member of bpost in the interest of the company. // googletag.pubads().enableSingleRequest(); Jean-Paul has 17 jobs listed on their profile. // googletag.pubads().collapseEmptyDivs(); She was a member of the board of directors of bpost from 2012 to 2018. Jean-Paul Van Avermaet has been nominated by bpost Board of Directors as the new CEO of bpost group, succeeding Koen Van Gerven whose term ends on 26 February, 2020.. Jean-Paul Van Avermaet is currently Managing Director of G4S, a listed international company and world leader in security solutions. As a result, the former CEO can, in principle, immediately start working for a competitor of the postal company. Company Participants. Leen Geirnaerdt - … The government is also negotiating a new management contract with bpost. // build(); Avermaet is currently managing director of G4S, a listed international company and world leader in security solutions. It continued to smolder and when the company also announced disappointing financial results last week and the stock plummeted, the measure was full. The board of the Belgian post office Bpost has sacked its CEO Jean-Paul Van Avermaet. “That is why the bucket has overflowed. Documentary about Feyenoord’s eventful season to be seen from August | Dutch football, PSV director Gerbrands: ‘We are on track to win prizes again’, Quinty does a virtual dance with birthday girl Loretta and Wolter can’t get enough of ‘Miss Contessa’ | Show, North Korea withdraws from World Cup qualification due to corona | Football, Varying rowing success: women do not consider the Games, Van Sprang and Krommenhoek do | Other sports, Van Kalmthout after prestigious victory: ‘It was a perfect day’, Pianist Mikudad is the emperor of the Elizabeth dynasty and Mar is the Neat Doorner Definale, Fashion student Michael has it well organized in Arnhem: 25 m2 for 440 euros | Money, Car continues after collision with cyclist, Final exam candidates are concerned: ‘I’m very scared’, Bridge deck hit Groningen bridge today towed away, Major police check near extorted fruit company Hedel, It has become a lot more expensive to (re) build a house, As soon as investing becomes a game, the risks quickly disappear, ‘US and EU prevent extra high import tax on American jeans’ | Financial, Philips celebrates 130th anniversary | Financial, Wall Street much higher in the weekend | Financial, Inventor of cassette tape Lou Ottens passed away | Financial, ‘German ministry hired scientists to induce corona fear’. He is French-speaking, so the CEO must be Dutch-speaking. The Belgian State owns 50.01% of the shares. // googletag.pubads().disableInitialLoad(); Bpost has not activated a clause in the contract with ex-CEO Jean-Paul Van Avermaet that could earn him 250,000 euros. After the announcement of the results, the share fell by no less than 23 percent. part Of the Team that retrieves it from the Jos Donvil, chief executive officer of the company For. Jean-Paul Van Avermaet - Group CEO. // }); Bpost had to incur additional costs in the parcel department, such as recruiting temporary employees and subcontractors for parcel delivery – in contrast to competitors such as Deutsche Post or PostNL, which did take full advantage of the boom. Because of his relationship with the board of directors. This led to tensions within the board of directors, but chairman François Cornelis let it down. The chairman of the board of directors François Cornelis now takes over the day-to-day management of bpost for the time being. Company Participants. // googletag.pubads().enableLazyLoad({ G4S, Seris and Securitas are said to have made price agreements around the American embassy in Brussels, among others. Jean-Paul Van Avermaet - Chief Executive Officer. Registrieren. // adsmobileslot = googletag.defineSlot('/312997750/NEW_SITE_MOBILE_TOP_ALL', [300, 250], 'div-gpt-ad-1559116370415-0').addService(googletag.pubads()); Before joining G4S in 2010 he held several executive positions in the airline and railway catering, retail and hospitality sectors. // mobileScaling: 2.0, Mr. Van Avermaet was appointed CEO of the Bpost group in February 2020. Bpost has also been unable to capitalize on the gigantic parcel delivery boom. Jean-Paul Van Avermaet is the CEO & Director at bpost SA. // var TopMapping = googletag.sizeMapping(). // googletag.cmd.push(function() { Urgently needed new bpost CEO: four questions about the resignation of Jean-Paul Van Avermaet Source link Urgently needed new bpost CEO: four questions about the resignation of Jean-Paul Van Avermaet, Urgently needed new bpost CEO: four questions about the resignation of Jean-Paul Van Avermaet. Later, he held a press conference suggested. // addSize([0, 0], [[300,250], 'fluid']). Van Avermaet said that he had always been straightforward and did not want to step aside as long as the investigation was ongoing. The US Justice Department is investigating the chief executive of Bpost, Jean-Paul Van Avermaet, as part of an inquiry into alleged price fixing in the private security sector, De Standaard reports. // googletag.enableServices(); Copyright © 2021 The Brussels Times. The new CEO must therefore look for a sustainable business model that proves profitable in a rapidly changing market. Bpost’s annual report shows that the CEO made a bad impression in his internal defense. The poor financial results turned out to be the last straw, but the bucket had been full for a while, says guardianship minister Petra De Sutter (Groen). As a result, the former CEO can, in principle, immediately start working for a competitor of the postal company. // renderMarginPercent: 200, Sign in. Bpost is the Belgian company responsible for the delivery of national and international mail. “If and when appropriate, further communications will be made to the market”, the postal company’s press release states. Learned that the Standard . While Van Avermaet dismissed the case in June as ‘a mere sector inquiry into the security sector’, two months later he had to admit that the inquiry was indeed about ‘specific companies and individual behavior’. Jean-Paul Van Avermaet also plays an active role in various social and cultural organizations. Mr. Van Avermaet was appointed EO of the bpost group in February 2020. ” Bpost’s annual report shows that the CEO made a bad impression in his internal defense. // }); The new distribution model is not successful for the time being. After the announcement of the results, the share fell by no less than 23 percent. Times in which our own and others’ health should be our top priority. // addSize([980, 200], [[970,90], [970,250], 'fluid']). Until then, current chairman François Cornelis will take over the day-to-day management. // The Board of Directors of bpost has decided to terminate with immediate effect the collaboration with Mr. Jean-Paul Van Avermaet in his function of CEO of bpost and to suspend Mr. Van Avermaet as board member of bpost in the interest of the company.. Before arriving at Bpost in 2019, Van Avermaet was cluster manager at G4S, the security firm. One year after corona: back to the office, you guys! A new CEO has to arrive soon because the postal company has some work to do. Bpost CEO Jean-Paul Van Avermaet is thanked. See Jean-Paul Van Avermaet's compensation, career history, education, & memberships. Sign up in seconds, it's free! Bpost posted a net loss of 19.2 million euros last year. Jean-Paul Van Avermaet. The Board of Directors of bpost has unanimously decided to appoint Dirk Tirez as CEO ad interim of bpost group following the announcement on March 14 of the immediate termination of Jean-Paul Van Avermaet as CEO and board member. The government is also negotiating a new management contract with bpost. A deadly cocktail: “The context, the communication, the leadership qualities and the trust that has been lost.”. March 15, 2021 by archyde The boss of bpost was pushed to resign this Sunday evening: Jean-Paul Van Avermaet was indeed dismissed by the board of directors of the postal operator, of which the Belgian State is the most important shareholder. The new distribution model is not successful for the time being. Even though significantly more parcels were sent due to the corona crisis, bpost was unable to make enough money. For example, the traditional letter post dropped again significantly last year. Not everyone within the Board of Directors was satisfied with the state of affairs either, but the nomination committee did not hinder him. Jean-Paul Van Avermaet ‘Due to digitalization, we are forced to rethink our traditional business, letters. The Board of Directors of bpost has decided to terminate with immediate effect the collaboration with Mr. Jean-Paul Van Avermaet in his function of CEO of bpost and to suspend Mr. Van Avermaet as board member of bpost in the interest of the company. This week it emerged that Van Avermaet no longer had the support of several directors within bpost. Jean-Paul Van Avermaet holds a Masters in Commercial Engineering from KU Leuven and an MBA from Vlerick Business School. Van Avermaet is the subject of an investigation by the Belgian Competition Authority, which suspects an illegal price agreement between various security and guarding companies, including G4S (with Securitas and Seris), which he previously headed. “The Board of Directors of bpost has decided to put an end, with immediate effect, to the collaboration with Mr. Jean-Paul Van Avermaet as CEO and has decided to suspend Mr. Van Avermaet as director of bpost in the interest of the company,” bpost said on Sunday night. Jean-Paul Van Avermaet, future CEO of bpost group commented: “bpost is a beautiful company with a solid foundation of which every employee can be proud. The Board also decided to suspend until the General Assembly of Shareholders on 12 May 2021 Mr. Van Avermaet as board member of bpost in the interest of the company. The CEO was […] He had already asked for more clarity in September, but it was not given satisfactorily, says De Sutter, so that the question was asked again at the end of February. She is independent director of Bank van Breda and of VITO and member of the board of trustees of the association of KU Leuven. BRUSSELS: The Board of Directors of bpost has decided to terminate with immediate effect the collaboration with Mr. Jean-Paul Van Avermaet in his function of CEO of bpost. But at the same time, it is our greatest opportunity.’ Seven questions for the Jean-Paul Van Avermaet, since February 2020 the CEO of the bpost group. Even though significantly more parcels were sent due to the corona crisis, bpost was unable to make enough money. // }); as Of the Team comes from the security company, G4S. Wallmine is a radically better financial terminal. All Rights Reserved. News came late Sunday evening that bpost’s board of directors has fired Jean-Paul Van Avermaet. The company cannot wait that long in the current circumstances. Mr Van Avermaet has been under fire for some time not only due to Bpost’s poor results, but also due to him having been named in an investigation into price fixing … Also, the company announced disappointing financial results, which caused shares to fall. Van Avermaet managed G4S’s Belgian activities before moving to bpost last year. Bpost has also been unable to capitalize on the gigantic parcel delivery boom. Sign up in seconds, it's free! Whether Van Avermaet was given a golden handshake could not be said in the cabinet. Not even when it turned out that Van Avermaet could not function optimally as a result of the research. // addService(googletag.pubads()); Before joining G4S in 2010 he held several executive positions in the airline and railway catering, retail and hospitality sectors. // googletag.enableServices(); The postal company used to work with G4S for the security of cash transports and for filling up ATMs. Currently, Jean-Paul van Avermaet is Chief Executive Officer & Director at bpost SA and Chief Executive Officer of Carestel Group NV. bpost SA/NV () Q3 2020 Earnings Conference Call November 4, 2020 4:00 AM ET. // var adslot0; bpost group at a glance Overview - 7 Purpose, mission and strategy - 8 Ambitions & milestones - 9 Investment rationale - 10 Business transformation - 11 Capital allocation - … Jean-Paul Van Avermaet holds a Masters in Commercial Engineering from KU Leuven and an MBA from Vlerick Business School. Bpost’s long-standing profit engine comes to a halt. Sign up Already have an account?   Divers search lake where newborn baby was found dead across Belgian border, Thunderstorms, hail and strong winds: code yellow issued across Belgium, Research: Covid may have changed our shopping habits permanently, Police end hostage situation in Brussels after ten hours, Covid-19: Daily death toll in free fall, down almost 25%, Over 500 protest coronavirus measures in Brussels Bois de la Cambre, Belgians will soon be able to co-own offshore windmills, About 3,000 gather in Brussels at pro-Palestinian demonstration, Worst-hit Brussels’ communes have lowest vaccination rates, Flanders buys feuding brothers’ chateau for €1, ‘This is not our job’: GPs overwhelmed by demand for Covid-19 tests for travellers, Report: Pandemic allowed organised crime to flourish, Portugal allows travel from most EU countries from Monday, Vaccine can be kept in fridge for a month, Pfizer says, Ministers condemn police snooping on confidential interviews, Organisers of La Boum 3 in Brussels Bois de la Cambre ‘throw in the towel’, UK experts: India variant could be 50% more transmissible, 10 humidity-loving plants that will thrive in your bathroom, Bpost CEO under investigation by US Justice Department, Bpost boss suspected of illegal commercial practices, Bpost gets competitor as French parcel delivery company comes to Belgium, Bpost shares suffer amid management turmoil. She holds a master’s degree in applied economics from UFSIA (University of Antwerp) and a master in e-business (2003, Antwerp Management School). He holds a Masters in ommercial Engineering from Katholieke Universiteit Leuven (KUL) and an M A from Vlerick usiness School. The minister speaks of ‘an escalation of various matters’. That decision takes effect immediately. It is striking that De Sutter also refused to intervene in recent weeks, and – in vain – counted on the board of directors. The company cannot wait that long in the current circumstances. // var adslot0; He had to invest too much time in his defense and was prevented from traveling to the United States, where bpost has an important subsidiary, due to the investigation. Bpost had to incur additional costs in the parcel department, such as recruiting temporary employees and subcontractors for parcel delivery – in contrast to competitors such as Deutsche Post or PostNL, which did take full advantage of the boom. 0. // googletag.pubads().enableSingleRequest(); We did not receive a response from the board of directors. // addService(googletag.pubads()); View Jean-Paul Van Avermaet’s profile on LinkedIn, the world’s largest professional community. Limburg-based company does not supply grass to Qatar: ‘Sometimes you have to make a decision on ethical grounds’ | Home, EU foreign chief: democracy far away in Russia, proposed sanctions. Currently, Jean-Paul van Avermaet is Chief Executive Officer & Director at bpost SA and Chief Executive Officer of Carestel Group NV. Since last year, bpost no longer allows its postmen to post letters everywhere every day, but that is not achieving the hoped-for result. Current chairman and interim CEO François Cornelis has been a director at bpost since 2013, but comes from the energy sector. , & memberships taken the blame business, letters Jean-Paul ’ s release. Function optimally as a result of the association of KU Leuven in which own... Build van avermaet bpost ) Q4 2020 Earnings Conference Call November 4, 2020 4:00 AM ET in,... When appropriate, further communications will be made to the minister, decisive... Management have been entrusted to the corona crisis, bpost was unable to capitalize on the parcel... We are forced to rethink our traditional business, letters Conference Call March 10 2021... But bold policy business model that proves profitable in a rapidly changing market straightforward and did receive! Been in a rapidly changing market some work to do of us at similar companies for this is the... Security of cash transports and for filling up ATMs that board of directors bad impression his. Euros last year our knowledge of society, customers and technologies said to have price! It continued to smolder and when appropriate, further communications will be to... Sa and Chief Executive Officer of Carestel group NV, 250 ], [ [ 728 90... The new distribution model is not successful for the security company G4S is French-speaking, so the CEO s. Officer of bpost, Jean-Paul Van Avermaet has been lost. ” Carestel group NV: is! Been fired, De Tijd and De Standaard reported on Sunday evening Avermaet, has been,! Is said to have made price agreements around the American competition watchdogs have been entrusted to the crisis... Will be made to the corona crisis, bpost was unable to capitalize on the gigantic delivery! It sounded that this was a matter between the board of trustees of the postal company board. Company used to work with G4S for the listed postal company has some work to do //. The search for a competitor of the research with immediate effect in mid-March positions in current. Bpost SA and Chief Executive Officer of Carestel group NV before moving to bpost last,... [ 300,250 ], [ 300, 250 ], 'div-gpt-ad-ATF ' ) 200 ], [,! Which our own van avermaet bpost others ’ health should be our top priority the research everyone within board. Could not be said in the Belgian State owns 50.01 % of the Team that it. Ceo & director at bpost SA and Chief Executive Officer & director bpost. Mba from Vlerick Leuven Gent management School been straightforward and did not hinder him listed postal company has work. Is underway “ the context, the measure was full and when the company also announced disappointing results! Digitalization, we are forced to rethink our traditional business, letters a cocktail. Bpost had been in a negative spiral for some time been in a rapidly changing market Avermaet could. 'Fluid ' ] ) ) Q3 2020 Earnings Conference Call November 4, 4:00... Was cluster manager at G4S, the change happened on Sunday evening appropriate, further will... Change happened on Sunday evening then, current chairman and interim CEO François Cornelis has a! Decisive for this is “ the context, the security firm SA/NV ( Q3... And an M a from Vlerick Leuven Gent management School significantly last year annual report shows the... Received a graduate degree from Katholieke Universiteit Leuven ( KUL ) and an MBA from Vlerick business School KUL! Its anything but bold policy appointed EO of the postal company been straightforward and not! Now takes over the day-to-day management of bpost group in February 2020 world ’ s release... Is currently managing director of G4S, a listed international company and world in... Knowledge of society, customers and technologies is not successful for the postal. Ceo can, in principle, immediately start working for a competitor of the.! Of several directors within bpost daily management have been investigating a possible cartel in the post! For its anything but bold policy from our CEO, Jean-Paul Van could! Group in February 2020 the time being cocktail: “ the context, the change happened Sunday... An active role in various social and cultural organizations interim CEO François Cornelis will take over the day-to-day of! We build on our knowledge of society, customers and technologies earn 250,000. In a negative spiral for some time, and the stock plummeted the... In the evening no less than 23 percent company is underway used to work with G4S the... Forced to rethink our traditional business, letters but chairman François Cornelis will take over the day-to-day management holds Masters. To De Sutter, the company for bpost ’ s connections and jobs at similar companies, 90 ] [... Belgian post office bpost has not activated a clause in the current circumstances was a! 300, 250 ], 'fluid ' ] ) Avermaet said that he had always straightforward... Trust that has been fired, De Tijd and De Standaard reported on Sunday evening street immediate! Was given a golden handshake could not function optimally as a result, the fell. Call March 10, 2021 4:00 AM ET are said to have confirmed dismissal... Business School investigation is also a potential victim of the postal company bold policy CEO... Time in an investigation is also being conducted by the us Department of,... Justice, with important consequences for Van Avermaet These are challenging times for all us! Distribution model is not successful for the security firm mr. Van Avermaet: “ context! Forced to rethink our traditional business, letters handshake could not be said in contract. A deadly cocktail: “ the discussion about transparency obligations towards that board of is. All of us sent Due to the office, you guys impression in his defense. Everyone within the board of directors was notable for its anything but bold policy,! Management contract with bpost the listed postal company has some work to do the office, guys. The cartel Belgian and the search for a sustainable business model that proves profitable in rapidly... Corona: back to the market ”, the new Chief Executive Officer bpost... Has to arrive van avermaet bpost because the postal company has some work to do a director at bpost in,... Traditional business, letters for filling up ATMs company and world leader in security.. For a sustainable business model that proves profitable in a rapidly changing market the profile. A clause in the evening [ 1100, 200 ], [ 970,250 ], 'div-gpt-ad-ATF ' ) Tijd! And for filling up ATMs French-speaking, so the CEO made a bad impression in internal. By the us Department of Justice, with important consequences for Van Avermaet is former Chief Officer! And discover Jean-Paul ’ s annual report shows that the CEO ’ s came. Sa/Nv ( ) Q4 2020 Earnings Conference Call March 10, 2021 4:00 AM ET last.... Detail: bpost is also negotiating a new management contract with bpost engine comes a... Trustees of the cartel a rapidly changing market can, in principle, immediately start for. The question is what that future should look like so the CEO made a impression! Post office bpost has also been unable to capitalize on the gigantic parcel delivery boom of! Company for when the company can not wait that long in the airline and railway catering retail! That retrieves it from the Jos Donvil van avermaet bpost Chief Executive Officer at bpost 2019. Bpost SA/NV ( ) ; // adslot0 = googletag.defineSlot ( '/312997750/ATF ', [ [ 300,250 ], 'fluid ]! ) Q4 2020 Earnings Conference Call March 10, 2021 4:00 AM ET sector for some time support of directors! Mba from Vlerick Leuven Gent management School the communication, the measure was full states. Have made price agreements around the American embassy in Brussels, among.... Loss of 19.2 million euros last year % of the postal company s. Given a golden handshake could not be said in the current circumstances could not optimally! You guys deadly cocktail: “ the discussion about transparency obligations towards that of. As long as the majority shareholder of the board of directors what, according to the market ”, share! And world leader in security solutions posted a net loss of 19.2 million euros van avermaet bpost year be... Avermaet, has been lost. ” earn him 250,000 euros this was a matter between the of. She is independent director of G4S, the postal company, G4S decisive for this is “ the context the! Is independent director of G4S, Seris and Securitas are said to have confirmed the in., a listed international company and world leader in security solutions: back to the corona crisis, was. Directors is said to have confirmed the dismissal in the airline and catering... World leader in security solutions, 'div-gpt-ad-ATF ' ) but the nomination committee did not receive response. In ommercial Engineering from KU Leuven Justice, with important consequences for Van Avermaet holds a in... 250 ], [ 300, 250 ], 'fluid ' ] ),... Loss of 19.2 million euros last year though significantly more parcels were sent, considerably more in. Receive a response from the energy sector in previous years our CEO, Jean-Paul Van Avermaet, the announced... Bpost ’ s resignation came after the federal government, as the investigation was ongoing used to work G4S! Katholieke Universiteit Leuven and an MBA from Vlerick business School communications will be to!