Crisis meeting at the Belgian Union on CEO Bossaert’s new contract

URBSFA president Paul Van den Bulck, who was an independent director at the time, became aware of this contract a month ago and hired a law firm to conduct a verification procedure. According to the report, the new contract would be “a violation of the code of ethics” and “contrary to the law and the internal regulations”. A report contested by the legal service of the Belgian Union, on the basis of the conclusions of another law firm.

An extraordinary board of directors has been convened in order to clarify the matter and see if Bossaert retains sufficient confidence to continue his mandate.

The Belgian Union might not officially confirm the information to Belga.

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