Scheepbouwer, chair of the Supervisory Board since September 2005, is stepping down due to a fundamental difference of opinion with the shareholders (the municipality of Rotterdam and the State) regarding the process for establishing a new remuneration policy for the Port Authority.
Smit decided not to put himself up for re-appointment after a period of four years, due to a busy schedule elsewhere.
Rutger van Slobbe will take over the chairmanship from Scheepbouwer during the meeting of the Supervisory Board on May17, 2011.
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