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BRIEF-Delta LLoyd CEO Niek Hoek to take early retirement
April 2, 2014 / 5:42 AM / in 4 years

BRIEF-Delta LLoyd CEO Niek Hoek to take early retirement

April 2 (Reuters) - Delta Lloyd NV

* Delta Lloyd NV: Niek Hoek to retire as chief executive officer of Delta Lloyd

* CEO will take early retirement with effect from, at latest, annual shareholders meeting (AGM) in May 2015

* Supervisory board will now start selection process for a new CEO

* Has been agreed that Niek Hoek’s open-ended employment contract (dating from 1997) will terminate on 30 June 2015, at which point he will take early retirement

* Will be offered an amount of up to one year’s base salary (eur 800,000) to partially compensate for a shortfall in his pension and loss of an agreed transitional pension Source text for Eikon: Further company coverage:

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