Baan Co NV’s former chief executive Jan Baan is taking a further step back from the company he founded, only weeks after giving up his CEO chair to Tom Tinsley to become chairman of the board. Yesterday, Baan resigned his position on the company’s management board, and will be nominated instead as a member of the supervisory board, subject to shareholder approval. Meanwhile his brother and co-founder Paul Baan steps down from the supervisory board altogether, and will concentrate instead on running the family’s venture capital organization, Vanenburg Ventures. Tinsley, currently CEO and president, will also take on the role of chairman of the board. It was concerns over the relationships between the various Baan companies that prompted Jan Baan’s move earlier in the month. He will now head up a charity venture called the Oikonomos Foundation, also owned by the family. Baan reports its second quarter figures on Wednesday.
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