Ben Verwaayen
![]() ![]() ![]() ![]() ![]() ( businessman) | |
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Born | 11 February 1952 Driebergen, Province of Utrecht |
Nationality | Dutch |
Alma mater | Utrecht University |
Children | 2 |
Spouse | Helena |
Member of | European Round Table of Industrialists, Paley Media Council, WEF/Global Leaders for Tomorrow/1994 |
Party | People's Party for Freedom and Democracy |
Dutch businessman who attended Bilderberg/2004 as CEO of British Telecom. WEF/Global Leaders for Tomorrow/1994. One of the closest advisors of Prime Minister Mark Rutte. |
Bernardus Johannes Maria "Ben" Verwaayen is a Dutch businessman and Bilderberger who was one of the closest advisors of Prime Minister Mark Rutte. He was selected a Global Leader for Tomorrow by the World Economic Forum in 1994.
Contents
Early life
Verwaayen is the fifth of six children born to a family who owned a chemicals business in Driebergen.[1]
Education
At school, he organised the first student parliament, and graduated from Utrecht University with a degree in law and international relations in 1975.[1]
Career
On graduation, he did his military conscription with the Royal Netherlands Army, where he founded the Algemene Vereniging Nederlandse Militairen (General Association of Dutch soldiers), a union that existed until 1996.
On leaving the army, to enable him to continue his work with the trade union, he joined a subsidiary of ITT Corporation because it gave him time to sit on a Dutch state committee to reform the army.[1] His first promotion came after he went to the European Parliament in Brussels to talk about (presumably to defend or dismiss) the company's infamous role in the military coup against Salvador Allende's government in Chile; ITT rewarded him by making him its Netherlands public relations chief.[2]
In 1988, Verwaayen became a director of PTT Telecom, the state-owned Dutch telecoms group that was a forerunner of today's KPN; and then was appointed a board member of Lucent Technologies in 1997, moving to the United States. A committed Anglophile,[3] he became CEO of British Telecom in 2003.[4] During his time there, he was also a board member for Dutch television production company Endemol, and chaired the Confederation of British Industry committee on "climate change".[3]
There was controversy over his management style at BT, with accusations that BT Global Services had to write down substantial losses and that Verwaayen was to blame.[5][6]
After standing down from BT on 1 June 2008 when Ian Livingston took over,[7] there was speculation that he would pursue a career in Dutch politics.[2] On 2 September 2008 the Alcatel-Lucent board of directors appointed Verwaayen as the company's chief executive officer, succeeding Patricia Russo. In March 2009, he forwent a €520,000 cash bonus after a pay freeze had been imposed on staff and a loss-making 2008.[8] He was less restrained in later years; his salary increased by 30% between 2010 and 2012, even as losses continued at the company.[9][10]
On 22 February 2013 the Alcatel-Lucent board of directors appointed Michel Combes as the company's CEO, succeeding Verwaayen, effective 1 April.[11] He joined Akamai Technologies as a director in November 2013.[12]
In 2016, Verwaayen founded Keen Venture Partners, a venture capital firm providing early growth capital for technology companies.[13] Since April 2020, he has been Chairman of Renewi plc.[14]
Politics
Verwaayen has been a longtime member of the People's Party for Freedom and Democracy. He sat in its executive for ten years, and also contributed to its election programme for the 2006 Dutch elections. At various times, he was linked with a Cabinet position. The Dutch Prime Minister Mark Rutte named him as one of his closest advisors.[15]
Honours
Verwaayen has received various honorary awards and has been made Officier in de Orde van Oranje Nassau (Netherlands), Honorary Knight Commander of the Order of the British Empire KBE (United Kingdom), and a knight in the Legion of Honour (France).
Personal life
Married to Helena, the couple have two children.[3] They currently reside in Paris, but had a family home in Haslemere, Surrey where Verwaayen hosted a party in summer 2008, attended by 1,300 guests including former Vodafone CEO Arun Sarin, UK government ministers Stephen Twigg and John Denham.[1] Verwaayen, a tennis player himself, put on a celebrity tennis match between John Lloyd and Ilie Năstase,[1] and is also a fan of Arsenal F.C.[3]
Events Participated in
Event | Start | End | Location(s) | Description |
---|---|---|---|---|
Bilderberg/2004 | 3 June 2004 | 6 June 2004 | Italy Stresa | The 52nd such meeting. 126 recorded guests |
WEF/Annual Meeting/2006 | 25 January 2006 | 29 January 2006 | Switzerland WEF | Both former US president Bill Clinton and Bill Gates pushed for public-private partnerships. Only a few of the over 2000 participants are known. |
WEF/Annual Meeting/2007 | 24 January 2007 | 28 January 2007 | Switzerland WEF | Only the 450 public figures listed of ~2200 participants |
WEF/Annual Meeting/2010 | 27 January 2010 | 31 January 2010 | Switzerland WEF | The organizing theme for the 40th World Economic Forum Annual Meeting in 2010 was "Improve the State of the World: Rethink, Redesign and Rebuild." |
WEF/Annual Meeting/2011 | 26 January 2011 | 30 January 2011 | Switzerland WEF | 2229 guests in Davos, with the theme: "Shared Norms for the New Reality". |
WEF/Annual Meeting/2012 | 25 January 2012 | 29 January 2012 | Switzerland WEF | 2113 guests in Davos |
WEF/Annual Meeting/2013 | 23 January 2013 | 27 January 2013 | Switzerland WEF | 2500 mostly unelected leaders met to discuss "leading through adversity" |
References
- ↑ a b c d e https://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/07/ccprof107.xml&page=2
- ↑ a b https://web.archive.org/web/20080910192730/http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/07/ccprof107.xml
- ↑ a b c d https://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/07/ccprof107.xml&page=3
- ↑ https://web.archive.org/web/20080515200303/http://www.btplc.com/Thegroup/Theboard/BenVerwaayen/BenVerwaayen.htm
- ↑ https://web.archive.org/web/20090519071101/https://www.independent.co.uk/news/business/analysis-and-features/bts-livingston-is-drinking-at-the--lastchance-saloon-1686033.html
- ↑ https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/5325650/Ex-BT-boss-Ben-Verwaayen-in-firing-line-over-losses.html
- ↑ http://business.timesonline.co.uk/tol/business/industry_sectors/telecoms/article3708801.ece
- ↑ http://www.ft.com/cms/s/0/057ca204-171d-11de-9a72-0000779fd2ac.html
- ↑ http://www.telecompaper.com/news/alcatel-lucent-unions-call-for-executive-salary-cut
- ↑ https://web.archive.org/web/20120610234118/http://www.alcatel-lucent.com/wps/DocumentStreamerServlet?LMSG_CABINET=Docs_and_Resource_Ctr&LMSG_CONTENT_FILE=Financial_Info%2FIncome_Statements%2FIR-Alcatel-Lucent-20-F2011.PDF
- ↑ Alcatel-Lucent names Michel Combes as CEO Archived 24 September 2015 at the Wayback Machine. Reuters, 22 February 2013
- ↑ http://www.akamai.com/html/about/board_directors.html
- ↑ https://techcrunch.com/2016/11/04/keen-venture-partners/
- ↑ https://www.renewi.com/en/about-renewi/our-role/waste-journal-articles/renewi-appoints-ben-verwaayen-as-non-executive-chairman
- ↑ Maarleveld, Derick-H. (2011). In gesprek met Mark Rutte. Amsterdam: Bert Bakker. p. 238. ISBN 978-90-351-3649-6.