Ben Veer - TomTom N Insider

TomTom N V -- USA Stock  

USD 10.87  0.14  1.27%

Member of the Supervisory Board

Mr. Ben van der Veer was Member of the Supervisory Board of TomTom NV since October 1, 2008. He is Chairman of the Company Audit Committee. Apart from his current duties at the Company he acts as NonExecutive Director of RELX Group PLC, RELX PLC and RELX NV and Member of the Supervisory Board of AEGON NV, Koninklijke Friesland Campina NV and Amsterdam Museum. His former positions included Member of the Supervisory Board of Royal Imtech NV Member of the Supervisory Board of Siemens Nederland NV. In 1987 he was appointed as partner of KPMG and from 1989 he was Chairman for the Amsterdam office. Ben joined the board of management in 1997 and was elected Chairman of the board of management in 1999. In this capacity he joined the international board of the KPMG network. In 2005 Ben was elected as Chairman of the board of the EMEA region, one of KPMG three international regions. In this leading position he also became a member of the international management committee of the KPMG international network. Ben retired from KPMG in September 2008.
Age: 64  Executive Since 2008      
31 20 757 5000  http://www.tomtom.com
van der Veer joined the Board of Management of the Dutch firm in 1997 and was elected Chairman of the Board of Management in 1999. In this capacity he also joined the International Board of the KPMG network. In 2005 he was also elected as Chairman of the Board of the KPMG EMA region one of the three international KPMG regions. In this capacity he became a Member of the International Management Committee of the KPMG International network. He ended his term of service with KPMG in September 2008. He currently serves as NonExecutive Director of Reed Elsevier Group plc and Reed Elsevier PLC and as Member of the Supervisory Board of Reed Elsevier NV. He is also Member of the Supervisory Boards of AEGON NV, Siemens Nederland NV, Royal Friesland Campina NV and Stichting Amsterdams Historisch Museum.

Management Efficiency

The company has return on total asset (ROA) of 0.19 % which means that it generated profit of $0.19 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (18.48) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 3.31 M in total debt with debt to equity ratio (D/E) of 0.3 which may suggest the company is not taking enough advantage from borrowing. TomTom N V has Current Ratio of 1.01 suggesting that it may have difficulties to pay its financial obligations in time and when they become due.

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Entity Summary

TomTom N.V. develops and sells navigation and locationbased solutions worldwide. TomTom N V (TMOAF) is traded on OTC Market in USA. It is located in Amsterdam, AC and employs 4,600 people.

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Top Management

TomTom N V Leadership Team
Ben Veer, Executive
Jacqueline Bakker, Executive
Bisera Grubesic, Executive
Alain Taeye, Executive
Taco Titulaer, CFO
Guy Demuynck, Executive
Toine Laack, Executive
Peter Wakkie, Executive
Anita Elberse, Executive
Douglas Dunn, Chairman
Harold Goddijn, Chairman

Stock Performance

TomTom N Performance Indicators