Fred Chaffart

Ferdinand ("Fred") Chaffart (b. Antwerp) is a Belgian businessman.

Education

He obtained a Masters Degree in Economics and completed the Senior Executive Program at Stanford University (United States).

Career

He started his career in the paint shop of his parents. In 1964 he started working at the Marketing Department of Procter & Gamble and subsequently worked for several marketing bureaus and the marketing department of IPPA Bank. In 1979 he starts working for the "Tiense Suiker" (E: Sugar factory of Tienen), where he becomes CEO. In 1989, the company is sold to Südzucker. From 1990 until 1998 he works for CBR Cement and the Generale Bank (Fortis), where in both cases he becomes CEO. After the acquisition of Fortis by Suez in 1998, he leaves the company. He becomes President of the board of the "Gevaert holding" for a short while. In 1999 the Belgian government aks him to manage the dioxin crisis. In 2001 he becomes Chairman of the Board of Directors of Sabena, but cannot save the company from bankruptcy [ [http://news.bbc.co.uk/1/hi/business/1642507.stm Belgian national airline bankrupt] ] . From 2000 until 2005, he was President of the European League for Economic Cooperation.

Currently he is a director of Agfa-Gevaert, Icos Vision Systems, Spadel and VUM.

References

ource

* [http://www.asiatraveltips.com/travelnews2001/6November2001Sabena.htm Fred chaffart & Sabena]
* [http://sec.edgar-online.com/2004/04/06/0001193125-04-057354/Section8.asp Fred chaffart & Icos Vision Systems]