In brief: Last of the Baans cuts family ties

By Suzanna Kerridge, 28 July 1998 15:36

NEWS The last founding family member on the Baan board of directors has stepped down. Jan Baan resigned as chairman of the management board, while his brother Paul, has been loosening his ties with the company for the past year. Paul Baan has been focusing his energies on Vandenburg Ventures, the Baan brothers' venture capital company. Jan Baan said he will head up the family's charitable organisation Oikonomos Foundation. He said: "My parting time has come. I feel like a builder, and Okinomos and Vanenburg Ventures offer me ample opportunity for this. As chairman, I say goodbye without any concerns in my heart."

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