Word: huyghebaert
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Dates: during 2000-2009
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...When I quit Sabena, I left a company in good shape," he contended. Above all, he pointed out that every key decision taken by the company during his tenure had been approved by the board of directors, the majority of whom were Belgian. So where was the board? Jan Huyghebaert, a director for nine years, told the commission that the image of a passive board blindly carrying out Swissair's wishes was "a caricature." Nonetheless, he conceded: "Perhaps we underestimated the risks of Swissair's strategy." The problem may be systemic. For years, directorships of Belgian state-owned companies have...
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