Nutreco announces that Chief Financial Officer (CFO) Gosse Boon has decided to leave the company as of 1 July 2015. The Supervisory Board understands and respects Boon's decision. A smooth transfer of responsibilities to his successor, Jeroen Wakkerman, has been ensured.
During the past period, Gosse Boon has reflected on his role and responsibilities as CFO of Nutreco which will naturally change now that the offer of SHV has been declared unconditional and the company will be delisted as per 17 April 2015.
Gosse Boon, CFO of Nutreco: "In my years as CFO of Nutreco I very much enjoyed the responsibilities related to the specific dynamics of a listed company as well as the overall leadership of the finance function. With Nutreco delisted, these particular responsibilities will cease to exist or change substantially. Accordingly, I have decided to step down as CFO. It has been a great pleasure to contribute to the design and execution of the Nutreco strategy and the continuous improvement of the Nutreco wide finance and IT processes. I sincerely would like to thank all Nutreco colleagues, my Finance team, the members of the Executive Committee and the Supervisory Board. A special word of appreciation goes to my Executive Board colleague, CEO Knut Nesse".
Piero Overmars, Chairman of the Supervisory Board: "We want to thank Gosse for his contribution and commitment to Nutreco over the past five years, including his involvement in the successful transaction with SHV, his contribution to the "Feeding the Future strategy", as well as his drive for excellence in Finance and IT. In view of the new phase which Nutreco is entering into and the change this brings to his role and responsibilities as CFO, we understand and respect Gosse's decision."
Gosse Boon and the Supervisory Board have ensured a smooth transfer of responsibilities. He will continue his responsibilities until 1 July 2015 and take care of the hand-over to his successor, Jeroen Wakkerman, who is currently CFO at SHV Energy.
END OF PRESS RELEASE
Note to the editor (not for publication)
This press release is also published in Dutch. In the event of differences, the English language version shall prevail as the authoritative version.
Driving sustainable growth
Nutreco's strategy 'Driving sustainable growth' is to grow and improve profitability by providing innovative and sustainable nutritional solutions for its customers. This will be realised by focusing on a higher value-added portfolio of nutritional solutions such as premixes, feed specialties and fish feed, and by expanding into the growth geographies of Latin America, Russia, Asia and Africa, which will see the largest increases in both production and consumption of animal protein food products.
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed solutions are at the origin of food for millions of consumers worldwide. Quality, innovation and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for agriculture and aquaculture. Experience across 100 years brings Nutreco a rich heritage of knowledge and experience for building its future. Nutreco employs approximately 11,000 people in 35 countries, with sales in 80 countries. Nutreco is listed on Euronext Amsterdam and reported annual revenue of € 5.3 billion in 2014.
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The full press release in English is attached in the pdf below.
CFO Gosse Boon to leave Nutreco:
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Source: Nutreco via Globenewswire