AMSTERDAM — Former Holland Media Group (HMG) chairman Huib Boermans has reportedly threatened legal action over his firing last week.
HMG is Holland’s largest commercial network. The group’s shareholders CLT/UFA, Veronica and Dutch publisher VNU voted to terminate Boermans’ contract on June 4, citing “differences of opinion over HMG policy,” according to a press statement from the group.
All of the shareholders have refused comment on the situation, and Boermans, who had served as chairman of the executive board of directors since HMG started up three years ago, could not be reached for comment.
According to the Dutch daily De Volkskrant, the dispute arose over Boermans’ financial connections to TeleWorld, a company which produces teletext for HMG channels RTL 4, RTL 5 and Veronica. HMG director Henri Roemer, who also had stakes in TeleWorld, also left the group this week.
The dispute is believed to have centered on whether Boermans’ and Roemers’ ownership of shares in TeleWorld presented a conflict of interest with their positions at HMG. According to De Volkskrant, Boermans has claimed the board was clearly advised of his connections to TeleWorld from the outset, and had raised no objections. Boermans plans to take his claim to the Dutch courts, the newspaper says.