Royal Dutch Mint changes CEO

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November 12, 2015 – The Managing Board and Advisory Board of the Royal Dutch Mint have jointly decided that Maarten Brouwer will resign from his position as CEO of the Royal Dutch Mint as of December 1st, 2015.

It has been decided that Mr Brouwer’s employment period will end at a later date and that he will stay on as advisor until then. The reason for this decision are serious operational and financial problems that have risen in the execution of a large and complicated production order that have led to a substantial loss for the organization. The Royal Dutch Mint has overcome these problems and expects to be able to satisfactorily complete this order within the coming months, however realizing that this completion will demand huge efforts from the company and its employees. Since the privatization in 1994 the Royal Dutch Mint has constantly shown positive financial results; the Mint strives for a return to its former strong financial position.

The Managing Board and Advisory Board consider it of utmost importance that these goals can be realized by a new CEO. The Advisory Board is currently considering Mr Brouwer’s succession.

For more information on the Royal Dutch Mint please go to the Mint’s website.

You will find more information about the background in the Dutch media.