ForFarmers N.V.: Management Change ForFarmers United Kingdom
October 20 2017 - 1:00AM
Lochem, 20 October 2017
Management Change ForFarmers
United Kingdom
ForFarmers announces that Iain
Gardner, member of the ForFarmers Executive Committee and Chief
Operating Officer ('COO') responsible for ForFarmers United Kingdom
('UK'), is stepping down on 31 December 2017. Steven Read, also
member of ForFarmers' Executive Committee and currently Director
Supply Chain, is appointed as his successor.
Iain Gardner has been with ForFarmers for 29
years. Since the acquisition of BOCM PAULS by ForFarmers in July
2012, he was a member of the Executive Committee of ForFarmers,
responsible for ForFarmers UK. At the time of the acquisition the
agreement was made that Iain Gardner would step down when the
appropriate time would arrive.
'Iain Gardner has been instrumental in leading the
organisation to become the leading feed company in the United
Kingdom. In the past 4 years, he has implemented the Horizon 2020
strategy, integrated several acquisitions and laid the foundations
of many transformational projects to prepare the organisation for
future challenges. We thank him for his commitment and
contribution', states Yoram Knoop, CEO of ForFarmers.
Steven Read has been with ForFarmers for 31 years.
As Supply Chain Director, Steven Read is currently responsible for
Purchasing and Formulation and for Manufacturing & Logistics
and based in Lochem (the Netherlands). Yoram Knoop comments:
'Steven is the natural and logical person to be appointed COO of
ForFarmers UK, given his broad experience and successful
implementation of changes in the ForFarmers organisation and that
fact that he has previously been part of the UK senior management
team for many years.'
An external search for the successor to Steven
Read has been initiated.
Note to the editor:
For additional
information:
Caroline
Vogelzang, Director Investor Relations and Communications
T: 0031 573 288 194, M: 0031 6 10 94
91 61
E:
caroline.vogelzang@forfarmers.eu
Company
profile
ForFarmers N.V. ('ForFarmers', Lochem,
the Netherlands) is an internationally operating feed company that
offers total feed solutions for conventional and organic livestock
farming. ForFarmers gives its very best "For the
Future of Farming": for the continuity of farming and for a
financially secure sector that will continue to serve society for
generations to come in a sustainable way. By working side-by-side
with farmers ForFarmers delivers real benefits: better returns,
healthier livestock and greater efficiency. This is achieved by
offering tailored and Total Feed solutions and a targeted approach
with specialist and expert support.
With sales of approximately 9.3 million tons of
feed annually, ForFarmers is market leader in Europe. ForFarmers
has 2,273 employees and production facilities in the Netherlands,
Belgium, Germany and the United Kingdom. In 2016, revenues amounted
to over €2.1 billion.
ForFarmers N.V., Postbus 91, 7240 AB Lochem, T:
+31 (0)573 28 88 00, F: +31 (0)573 28 88 99
info@forfarmers.eu, www.forfarmersgroup.eu/en
FORWARD-LOOKING STATEMENTS
This press release
contains forward-looking statements, including those relating to
ForFarmers legal obligations in terms of capital and liquidity
positions in certain specified scenarios. In addition,
forward-looking statements, without limitation, may include such
phrases as "intends to", "expects", "takes into account", "is aimed
at", ''plans to", "estimated" and words with a similar meaning.
These statements pertain to or may affect matters in the future,
such as ForFarmers future financial results, business plans and
current strategies. Forward-looking statements are subject to a
number of risks and uncertainties, which may mean that there could
be material differences between actual results and performance and
expected future results or performances that are implicitly or
explicitly included in the forward-looking statements. Factors that
may result in variations on the current expectations or may
contribute to the same include but are not limited to: developments
in legislation, technology, jurisprudence and regulations, share
price fluctuations, legal procedures, investigations by regulatory
bodies, the competitive landscape and general economic conditions.
These and other factors, risks and uncertainties that may affect
any forward-looking statements or the actual results of ForFarmers,
are discussed in the last published annual report. The
forward-looking statements in this press release are only
statements as of the date of this document and ForFarmers accepts
no obligation or responsibility with respect to any changes made to
the forward-looking statements contained in this document,
regardless of whether these pertain to new information, future
events or otherwise, unless ForFarmers is legally obliged to do
so.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ForFarmers N.V. via Globenewswire
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