News

New Group Structure

John A. Fentener van Vlissingen started his first company in 1975. Over 40 years of entrepreneurship have resulted in a healthy, profitable group of companies: Boron Management, BCD Group and Walvis Group. Now, key leadership changes within the group will drive these family-owned companies to the next generation.

Ready to spread its wings

BCD Group shifted its focus to travel in 1987. Over the last 3 decades, BCD Group’s largest operating company, BCD Travel, has evolved into a leading corporate travel management company active in 108 countries around the world. After nearly 15 years, Joop Drechsel recently stepped down as Chief Executive Officer of BCD Group, passing his role and responsibilities to John Snyder, currently CEO of BCD Travel. “It has been an invigorating journey, and both BCD Group and BCD Travel are stronger than ever before,” said Drechsel.

“I’m proud to have been part of a great team that has driven BCD Travel’s success to date,” said Snyder. “In my new role, I look forward to continuing to add value to our employees, clients and shareholder as we deliver on our vision of being the world’s most innovative and trusted travel management company.” Snyder will retain his responsibilities as CEO of BCD Travel.

Growing technology and managing assets

Joop Drechsel will expand his role as CEO of Walvis Group, which focuses on venture capital investments. The Walvis funds have financed 15 Dutch internet technology companies in their growth phase. Joop Drechsel said, “Walvis combines extensive online expertise with a strong network to guide entrepreneurs to become future industry leaders.” Drechsel remains responsible for Travix, Park 'N Fly, Parkmobile International and Airtrade.

Growing investments

Stephan Baars, Global Chief Financial Officer of BCD Travel, has accepted a new role as CEO of Boron Management, the private investment company of the family J.A. Fentener van Vlissingen. In addition to growing Boron Management’s investment portfolio, he will be responsible for overall bank relations, mergers and acquisitions, budgeting, and controlling across the group. He replaces current CEO Harm Kranenberg, who remains involved with several projects both in real estate and financial services at Boron.

Cees Batenburg, currently senior vice president for global accounting, controlling and treasury for BCD Travel, will replace Baars as BCD Travel Global CFO. Baars said, “I am very excited about this new opportunity to support all the family-owned companies on their way towards the next generation.”

End of press release

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