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Marel Names Sebastiaan Boelen As Chief Financial Officer and Announces Other Senior Executive Changes

RECENTLY ACQUIREDApr 04, 2024•about 2 years ago

Position

Chief Financial Officer

Company

Marel

Sebastiaan Boelen

GarðabærFood and BeverageAgriculture and FarmingFood Processing

Description

In March, processing equipment giant Marel named Sebastiaan Boelen as its new chief financial officer, replacing Stacey Katz, who had been with the company for almost 10 years. This announcement is part of a series of senior executive changes at Marel, reflecting the company's strategic reorganization and commitment to strong leadership.

Company Information

Company

Marel

Location

Garðabær, Capital Region, Iceland

About

Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software, and services to the poultry, meat and fish industries. In line with its 2017- 2026 growth strategy, Marel has gradually expanded its business model into adjacent industries, where most recently the acquisition of Wenger has added a fourth pillar focused on pet food, plant-based protein and aqua feed. Our united team of over 7,500 employees in over 6 continents delivered EUR 1.4 billion in revenues in 2021. Annually, Marel invests around 6% of revenues in innovation. By continuously transforming food processing, we enable our customers to increase yield and throughput, ensure food safety and improve sustainability in food production. Marel was listed on NASDAQ Iceland in 1992 and dual-listed on Euronext Amsterdam in June 2019. For further information, please visit marel.com/IR.

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