Avantium N.V., a technology company in renewable chemistry, announced the appointment of Boudewijn van Schaïk as its chief financial officer, effective January 1, 2023. Schaïk will succeed retiring CFO, Bart Welten. Welten will remain with the company in his role as CFO for the remainder of the year and is committed to ensuring an orderly transition.

Schaïk has prior experience in the capital markets, project financing, treasury, and M&A. He currently serves as corporate finance director of SBM Offshore, based in Amsterdam. Before joining SBM Offshore in 2013, Schaïk worked for NIBC Bank in the Netherlands and Singapore. He also held senior finance positions at ABN AMRO, Main Corporate Finance, and Alexander Forbes Financial Services, South Africa. Schaïk holds a Business Science degree in Accounting and Corporate Finance from the University of Cape Town.

“I am pleased to welcome Boudewijn to our Management Board,” said Avantium CEO Tom van Aken. “In addition to his broad international finance and business experience, he will bring extensive strategic funding and project financing expertise – a valuable and relevant background in the context of Avantium’s business plan. Boudewijn will be an excellent addition to the Avantium team.”

Edwin Moses, chairman of the Avantium supervisory board, commented, “On behalf of the supervisory board, management team, and the entire Avantium organization, I thank Bart for his dedication, expertise, and contributions to Avantium over the past three years. He has been instrumental in securing the funding needed for executing Avantium’s commercialization strategy, allowing the company to make an investment decision on the construction of the FDCA Flagship Plant. I wish Bart all the best in the next chapter of his life.”

For more information, visit: www.avantium.com.