Ajax Amsterdam suspends CEO amid share trading suspicions
8 months, 3 weeks ago

Ajax Amsterdam suspends CEO amid share trading suspicions

The Hindu  

Ajax Amsterdam has suspended new CEO Alex Kroes with immediate effect on suspicion he has been involved in insider trading in the club’s shares, the club supervisory board said in a statement on Tuesday. The board said it had learned Kroes had bought more than 17,000 Ajax shares a week before his intended appointment was announced on August 2, 2023. The Supervisory Board of AFC Ajax NV has decided to suspend Alex Kroes, CEO and chairman of the board, with immediate effect and intends to terminate the collaboration permanently. Kroes, 49, a former director at Eredivisie clubs Go Ahead Eagles and AZ Alkmaar, started his job as CEO and chairman of the board at Ajax on March 15.

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History of this topic

Ajax to keep Alex Kroes despite insider trading scandal, but won’t be CEO
8 months ago

Ajax to keep Alex Kroes despite insider trading scandal, but won’t be CEO

NL Times  

The Supervisory Board at Ajax has voted to keep Alex Kroes on as an executive, but only after he stepped down as their chief executive officer and executive board chair, the Amsterdam football club announced on Thursday. “Should it be determined by an authorised authority at any time that there has been a serious violation of insider trading rules, the …

Ajax CEO Alex Kroes says the club’s board is pushing him out with no justification
8 months, 3 weeks ago

Ajax CEO Alex Kroes says the club’s board is pushing him out with no justification

NL Times  

Ajax CEO and executive board director Alex Kroes said he feels that his suspension by Ajax for insider trading is a case of the club's supervisory board members trying to push him out. “Five or six lawyers have looked through all his emails and messages,” Chairman Michael van Praag told Ajax fans at a scheduled meeting, ANP reported. And how …

More turmoil at Ajax as new CEO suspended on suspicion of insider trading
8 months, 3 weeks ago

More turmoil at Ajax as new CEO suspended on suspicion of insider trading

Associated Press  

AMSTERDAM — Ajax’s calamitous season worsened when the Amsterdam club suspended new CEO Alex Kroes on Tuesday and said it intends to fire him on suspicion of insider trading in the club’s shares. He posted a statement on LinkedIn saying he “cannot simply accept this decision of the Supervisory Board.” A successful sports administrator, Kroes was seen as a key …

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