Making a splash

Published in The Treasurer

AkzoNobel CFO Keith Nichols’ colourful career spans treasury, transformation and taking tough decisions, writes Sally Percy 

It seems fitting that Keith Nichols, the CFO of Amsterdam-based paint and coating manufacturer AkzoNobel, has built his career on transforming companies. “In a lot of jobs that I’ve been in, change has been a red thread,” he observes. “Whether it was the reorganisation at Storehouse in the early 90s, BET being a turnaround, selling pharma, buying ICI… a lot has been transformation and changes. As CFO, that has stood me in good stead. I really enjoy the more adventurous side of the job where there are projects, initiatives and deals. I would probably be no good if everything was ticking like a Swiss watch and all I had to do was fine-tune the quarterly results.”

That’s just as well, then, since AkzoNobel has not been ticking like a Swiss watch for a while.

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