amsterdam : DSM

August 23, 2011 03:25 ET

DSM Appoints New Executive Vice President Corporate Strategy & Acquisitions

HEERLEN, NETHERLANDS--(Marketwire - Aug 23, 2011) - Royal DSM, the global Life Sciences and Materials Sciences company, today announces the following:

Philip Eykerman, (1968), currently Partner at McKinsey & Company, Brussels office, will join DSM as Executive Vice President Corporate Strategy & Acquisitions, reporting to Feike Sijbesma, CEO and Chairman of the Managing Board of DSM.

Philip will succeed Hein Schreuder, currently EVP Corporate Strategy & Acquisitions, who after a very successful career of 20 years at DSM, will retire from the company on December 31, 2011. Hein has played a key role in the transformation of DSM as well as in the acquisitions and divestments of the company during the last 15 years.

Philip, a Belgian national, joined McKinsey & Company in 1997 and is the leader of McKinsey's Chemicals Practice in the Benelux and France. He has been heavily involved in a number of significant strategy development, transformation and M & A projects in the broader chemicals industry.

With his track record of strategy development and M & A strategy and integration, Philip is well positioned to lead DSM's corporate strategy and acquisition department and drive the development of DSM's strategic growth agenda.

DSM - Bright Science. Brighter Living.™

Royal DSM N.V. is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM's 22,000 employees deliver annual net sales of about EUR 9 billion. The company is listed on NYSE Euronext. More information can be found at www.dsm.com

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