Business · Companies · 8 hrs ago

Children remove transport company founder from board

Children remove transport company founder from board

Pieter Smit, 71, was voted off the board of the transport company he founded.

His children took control of the company two years ago, but Smit continued to involve himself in its affairs.

The company grew into a major player in Europe's entertainment industry, with hundreds of trucks and dozens of tour buses.

The dispute arose because Smit did not step back after handing it over.

His children voted him off the board.

The account does not say what role, if any, he will have in the company next.

1 source

Related

What people are saying

Pieter Smit's childrenCompany owners
He just can’t let go
via De Telegraaf