ForFarmers N.V.: Yoram Knoop (CEO) to step down after Annual General Meeting in 2022
November 25 2021 - 12:57AM
ForFarmers N.V.: Yoram Knoop (CEO) to step down after Annual
General Meeting in 2022
Lochem, 25 November 2021
Yoram Knoop (CEO) to step down after Annual General Meeting
in 2022
ForFarmers announces that Yoram Knoop, CEO and member of the
Executive Board of ForFarmers N.V. will step down after the
Annual General Meeting of Shareholders on 14 April 2022, the date
on which his current term ends. This has been decided in mutual
consultation between Yoram Knoop and the Supervisory Board.
"After having led this great company for eight years, it is a
natural moment for a new phase for myself and the company. I am
proud of ForFarmers and of what we have achieved with our mission
For the Future of Farming especially for customers, as well as of
the constructive cooperation with colleagues. During the coming
months, I will continue to work on the execution of our management
agenda with all my energy and dedication", Yoram Knoop states.
Yoram Knoop joined ForFarmers in November 2013 and became CEO of
ForFarmers as of 1 January 2014. He will remain operational as CEO
until the end of the Annual Meeting of Shareholders in 2022.
Jan van Nieuwenhuizen, chairman of the Supervisory Board of
ForFarmers: “Although Yoram is still in position as CEO until 14
April coming, a word of thanks is currently very much in order
given his enormous dedication to ForFarmers and its stakeholders.
Since he was first appointed, Yoram has further developed the
company from an ambitious cooperative to the leading feed company
in Europe. Under his leadership, ForFarmers made the step into the
growth market Poland and more balance was brought to the portfolio
by enhancing the position in the poultry sector. In addition, Yoram
embedded sustainability in ForFarmers’ strategy."
The process of finding a new CEO has started. In light of the
changes and challenges in the agricultural sector, ForFarmers will
evaluate and where appropriate tighten up its strategy Build to
Grow 2025.
This press release contains information that qualifies as inside
information in the sense of Article 7 paragraph 1 of the EU Market
Abuse Regulation. Note to the editor / For additional
information:
Caroline Vogelzang, Director Investor Relations T: 0031 573 288
000 M: 0031 6 10 94 91 61E:
caroline.vogelzang@forfarmers.eu
About ForFarmers N.V. ForFarmers N.V. is an international
organisation that provides complete innovative feed solutions to
the livestock farming industry. With its ‘For the Future of
Farming’ mission ForFarmers is committed to the continuity of
farming and to further increasing the sustainability of the
agricultural sector. ForFarmers is the market leader in Europe with
annual sales of around 10 million tonnes of animal feed. The
company is active in the Netherlands, Belgium, Germany, Poland and
the United Kingdom. ForFarmers has approximately 2,500 employees.
In 2020 revenue amounted to approximately €2.4 billion. ForFarmers
N.V. is listed on Euronext Amsterdam.ForFarmers N.V. is listed on
Euronext Amsterdam.
ForFarmers N.V., P.O. Box 91, 7240 AB Lochem, T: +31 (0)573 28
88 00, F: +31 (0)573 28 88 99, info@forfarmers.eu,
www.forfarmersgroup.eu
FORWARD-LOOKING STATEMENTSThis 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.
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