JBT Marel
Agriculture and Farming, Food and Beverage, Food Processing
JBT Marel is a leader in food processing and technology solutions, specializing in automation and sustainability. The company focuses on innovative solutions that enhance food safety and resource efficiency in the food industry. They aim to drive growth through the integration of advanced systems and cutting-edge technologies. JBT Marel combines expertise in food processing with a commitment to su
Key facts
- Employees
- 5,100
- Industries
- Agriculture and Farming, Food and Beverage, Food Processing
- Status
- Public (JBTM)
- Website
- www.jbtc.com
- Company page
Recent activity at JBT Marel
- : SEC 8-K (8.01): On May 14, 2026, JBT Marel Corporation's Board of Directors authorized a share repurchase program allowing the company to repurchase up to $200 million of its common stock. This program is set to be effective from June 1, 2026, through May 31, 2029. The repurchases will be executed at the company's discretion depending on market conditions and other relevant factors. The repurchased shares will convert into treasury stock, and the program can be modified or discontinued at any time. This decision underscores the company's commitment to creating shareholder value.
- : SEC 8-K (8.01): On May 14, 2026, the Board of Directors of JBT Marel Corporation authorized a share repurchase program for up to $200 million of the Company’s common stock. The effective period of the repurchase program is from June 1, 2026, through May 31, 2029, with repurchases to be made at the Company's discretion based on market conditions and relevant securities laws. All repurchased shares will become treasury stock, and the program may be modified, suspended, or discontinued by the Company at any time. This strategic move indicates the Company's intent to enhance shareholder value amidst potential market fluctuations.
- : SEC 8-K (7.01):
- : SEC 8-K (7.01): On February 18, 2026, JBT Marel Corporation disclosed plans for a realignment of its reportable segments, which took effect in the fourth quarter of 2025. This change comes after the acquisition of Marel hf. on January 2, 2025, and reflects a strategic move to integrate operations more effectively. The company has transitioned from operating under two segments to two new reporting segments: Protein Solutions and Prepared Food and Beverage Solutions. Notably, this realignment did not impact previously reported financial metrics such as consolidated net revenue or earnings, highlighting a focus on better operational efficiency.
- : SEC 8-K (5.02): On October 15, 2025, Jessi L. Corcoran resigned from her position as Vice President, Corporate Controller and Chief Accounting Officer of JBT Marel Corporation, with her resignation effective November 4, 2025. Her departure was unrelated to any disagreement with the Company. As of October 20, 2025, Matthew J. Meister, the current Executive Vice President and Chief Financial Officer, has been appointed as the new principal accounting officer, taking over upon Ms. Corcoran's departure. Mr. Meister has been with the Company since 2019 and will not receive additional compensation for this role change, ensuring a smooth transition in financial leadership amidst this management change.
- : SEC 8-K (5.02): On October 15, 2025, Jessi L. Corcoran, the Vice President, Corporate Controller and Chief Accounting Officer of JBT Marel Corporation, submitted her resignation, effective November 4, 2025. She will be moving to a different company, and her resignation is not related to any disagreements regarding the company's operations or financial practices. Subsequently, on October 20, 2025, the Board of Directors designated Matthew J. Meist to fill the role vacated by Ms. Corcoran. Her departure is notable as she held a crucial financial leadership position within the company.
- : JBT Corporation settles voluntary takeover offer of Marel hf. and begins trading as JBT Marel Corporation
- : Jbt Corporation Acquires Alco-Food-Machines
- : Jbt Corporation Acquires Urtasun Tecnología Alimentaria S.L.
Leadership
- Brian Deck, President
- Jon Hocker, Chief Technology Officer
Verified email and direct lines for JBT Marel’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
JBT Marel in the news
- JBT Marel Corporation Announces Second Quarter 2026 Earnings Release and Conference Call Schedule - Yahoo Finance (Jul 21, 2026)
- JBT Marel A&B Process Systems Unveils New Clean-In-Place Innovation With CIPure™ Cleaning System - Food Industry Executive (Oct 09, 2025)
- JBT finalizes acquisition of Marel - PetfoodIndustry (Jan 06, 2025)
- JBT Marel launches new patented Efficient Agitation Retort - Sustainable Packaging News (Jun 25, 2025)
- JBT Corporation Submits Enhanced Proposal to Acquire Marel hf - Business Wire (Dec 13, 2023)
- JBT Corporation Schedules a Joint Conference Call to Discuss the Voluntary Takeover Offer to Acquire All Outstanding Marel hf. Shares - 01net (Jun 19, 2024)
- JBT Marel’s Avure® Technologies Shares Findings on Nutritional Effects of HPP - Food Industry Executive (Feb 20, 2025)
- JBT Corporation Announces Intention to Launch a Voluntary Takeover Offer to Effectuate Merger with Marel hf; also Announces Solid Preliminary 2023 Financial Results and 2024 Guidance - Business Wire (Jan 18, 2024)
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About JBT Marel: questions and answers
What does JBT Marel do?
JBT Marel is a leader in food processing and technology solutions, specializing in automation and sustainability. The company focuses on innovative solutions that enhance food safety and resource efficiency in the food industry. They aim to drive growth through the integration of advanced systems and cutting-edge technologies. JBT Marel combines expertise in food processing with a commitment to su
How many employees does JBT Marel have?
JBT Marel has about 5,100 employees.
Who leads JBT Marel?
Brian Deck is a President at JBT Marel.
What is the latest news on JBT Marel?
On May 14, 2026, SEC 8-K (8.01): On May 14, 2026, JBT Marel Corporation's Board of Directors authorized a share repurchase program allowing the company to repurchase up to $200 million of its common stock. This program is set to be effective from June 1, 2026, through May 31, 2029. The repurchases will be executed a
Is JBT Marel a public company?
Yes. JBT Marel is publicly traded under the ticker JBTM.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy