Riwal chief financial officer René Timmers, will leave the company at the end of March after 12.5 years with the business.
He joined the company as financial controller in 2012 and was promoted to chief financial officer in 2015. During his time in the role, revenues have grown from €180 million to more than €300 million.
René Timmers
He began his career in 1997 as a trainee with global accounting and audit firm KPMG, becoming a supervisor in late 2000, a manager three years later and senior manager with international responsibilities in 2006. Leaving for Riwal in 2012.
Over the past nine years he has been involved in all of Riwal's acquisitions and divestments and was instrumental in preparing for and managing the sale of Riwal to Boels Rental earlier this year and has since been playing an important role in the integration of the two companies.
Boels CFO René Olsthoorn said: “René Timmers' efforts in both preparing the acquisition of Riwal by Boels and in the successful integration of both companies are highly valued. On behalf of the board, I would like to express our thanks for his commitment.”
Timmers added: “I am proud of what we have achieved in positioning Riwal as part of Boels for future growth and I look forward to seeing the newly structured organisation thrive.”
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