ForFarmers N.V.: ForFarmers nominates Theo Spierings as CEO
November 15 2022 - 1:00AM
ForFarmers N.V.: ForFarmers nominates Theo Spierings as CEO
Lochem, 15 November 2022
ForFarmers nominates Theo Spierings as CEO
The supervisory board of ForFarmers N.V. nominates Theo
Spierings as member of the Executive Board of ForFarmers for a
period of one year, to be appointed by the general shareholders
meeting. An extraordinary general meeting of shareholders (‘EGM’)
will be convened for this, which is expected to take place in
January 2023. Mr Spierings will start his activities on 1 January
2023 and upon his appointment will hold the position of Chief
Executive Officer (‘CEO’).
Theo Spierings (58) has significant experience in the
agricultural sector. He started with a study in food technology at
the HAS in Den Bosch (the Netherlands) and complemented this with
an MBA from Glasgow University. He began his career at Friesland
Foods in 1986, where he led the merger with Campina as CEO several
years later. Subsequently, from 2011 to 2019, Theo Spierings was
CEO of Fonterra, the world player in the dairy industry located in
New Zealand. Since then, he is helping companies transform and
doing business in a sustainable manner. For this he launched The
Purpose Factory. This consultancy firm focuses primarily on
sustainably transforming enterprises operating in the agricultural
sector. Jan van Nieuwenhuizen, chairman of the supervisory board of
ForFarmers: "We are extremely pleased to nominate Theo Spierings as
CEO. He has impressive international experience in the dairy
industry as well as great drive and expertise to help the
agricultural sector be future proof and at the same time become
more environmentally sustainable. During his career he has led many
transformations or advised on such processes. His energy and
decisiveness and at the same time his focus on making connection
with people around him, are characteristic of his way of working.
We are of the opinion that Theo Spierings has the experience,
expertise and personality to head up ForFarmers in its current
phase."
Theo Spierings: "I have always felt very involved with farmers
and the agricultural sector, especially now. The agricultural
sector is innovative and progressive and it plays an important role
in the food chain. Not only in the Netherlands and Europe but
certainly also worldwide. It is of great importance to optimise
this chain and make it even more sustainable. I therefore look
forward to taking on this task and helping to realise this." The
proposed appointment of Theo Spierings relates to the departure of
the current CEO. 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 and CommunicationsT +31
(0)573 288 194 • M +31 (0)6 10 94 91 61 • E:
caroline.vogelzang@forfarmers.eu
About ForFarmers N.V. ForFarmers N.V. is an international
organisation that provides complete innovative feed solutions to
the (organic) livestock farming industry. With its ‘For the
Future of Farming’ mission ForFarmers is committed to the
continuity of farming and to a 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 2021 revenue amounted to
approximately €2.7 billion. 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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