Randstad, March 26 2019
In general, Randstad is in compliance with the Dutch regulations relating to the organisation and procedures of the Annual General Meeting.
Under ITEM 5b, it is proposed to re-appoint Ms. Barbara Borra as Member of the supervisory board. Although Ms. Borra is considered independent, ECGS has concerns over her aggregate time commitments. Ms. Borra is serving as CEO of Franke Kitchen Systems (substantial non-listed company) and non-executive director of Brembo S.p.A. and Randstad N.V. (both listed), which exceeds ECGS' guidelines. Accordingly, ECGS recommends to vote OPPOSE.
There are no further peculiarities.
Randstad is a global staffing and recruitment company, providing various solutions in the human resources (HR) services space. Co.'s services include regular temporary staffing and permanent placement of candidates. In addition, Co. provides several other HR solutions, such as Recruitment Process Outsourcing (RPO), Managed Services Programs (MSP), payroll services, and outplacement. Co. provides four distinct service concepts: Staffing, Inhouse Services, Professionals and HR Solutions.
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