Henri de Pater to succeed Frans den Houter as Chief Financial Officer of BAM

Bunnik, the Netherlands, 25 October 2024 - The Supervisory Board of Royal BAM Group nv announces that Chief Financial Officer (CFO) Frans den Houter has decided to leave the company, effective 1 March 2025. Frans den Houter joined BAM as CFO and member of the Executive Board in August 2018. He will be nominated to be appointed as member of the Management Board of Aalberts N.V. in the role of CFO. The Supervisory Board nominates Henri de Pater for appointment by the general meeting as member of the Executive Board in the role of CFO as of 8 May 2025. This nomination will be discussed with the Central Works Council. Effective 1 March 2025, Henri de Pater will join the Executive Committee as nominated CFO.

Henri de Pater (1966) is currently executive director Finance of the division UK and Ireland of Royal BAM Group. He joined BAM in 1996 and has held various management positions, including director Business Control Construction and Property at Royal BAM Group, finance director at BAM Bouw en Vastgoed Nederland, director of BAM’s area developer AM, and director Finance of BAM Wonen. Henri de Pater started his career in 1986 within the audit practice where he held various roles.

Frans den Houter and Henri de Pater

Henk Rottinghuis, chairman of the Supervisory Board: ‘We have full understanding that Mr Den Houter is looking for new ambitions outside BAM after seven years. We wish him every success. We would like to thank him wholeheartedly for the way in which he fulfilled his task at BAM, both in his role during the Corona crisis, in which he temporarily also took over the CEO-position of BAM, as well as his unwavering commitment to professionalise the finance function within BAM. Finally, he has made an important contribution to the formulation and implementation of the strategy for a sustainable tomorrow. Frans den Houter will remain fully committed to BAM until 1 March 2025 to ensure a smooth handover to Henri de Pater, in which we have found a strong successor with broad experience within the Group and in the construction, civil and property industry, as well as extensive knowledge and experience in the financial profession, corporate finance, risk management and change management.’

Further information

This press release contains inside information within the meaning of article 7(1) of the EU Market Abuse Regulation.

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