Marel

Changes in Executive Team - Seite 2

I’m excited to welcome Stacey Katz to the Executive Team in her new role as CFO. She has worked closely with the Executive Team and senior management over the past 8 years, shown strong leadership and has an exceptional drive and passion for Marel.

I would also like to sincerely thank Folkert Bolger for his valuable contribution to Marel over the years and wish him every success in his future endeavors.”

Linda Jonsdottir appointed Chief Operating Officer

Linda Jonsdottir is appointed Chief Operating Officer, responsible for global supply chain and human resources. Linda joined Marel in 2009 and has been Marel’s CFO since 2014. During Linda’s tenure as CFO, Marel revenues have doubled from EUR 0.7b to 1.4b and annual EBIT has grown from EUR 49m to 154m. Linda has professionalized Finance, IT, HR, and Global Business Services, secured Marel’s financial strength and financing, as well as played a pivotal role in the dual listing of Marel shares on Euronext Amsterdam in 2019.

Stacey Katz appointed Chief Financial Officer

Stacey Katz is appointed Chief Financial Officer, responsible for the functions of Finance, IT, and Global Business Services. Stacey joined Marel in 2014 and as Vice President of Global Business Services, has led the start up, professionalism and development of shared services, end to end business processes, master data, business intelligence, and cross-functional program management. Additionally, Stacey has had the role of Chief Accounting Officer ensuring high quality of Marel’s financial reporting. Before that she was in Strategy & Development where she had a leading role in the Simpler, Smarter, Faster refocusing program.

Stacey holds a Bachelor’s degree from Cornell University and an MBA from Reykjavik University. Stacey is a Certified Public Accountant (CPA) in New York and has extensive experience working as an auditor and consultant in both the United States and Iceland across various industries. She is an American and Icelandic national.

Further information

For further information, please contact Marel Investor Relations via email [e-mail] or tel. [phone].

About Marel

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. Marel has around 7,000 employees in over 30 countries. In 2021, Marel delivered EUR 1.4 billion in revenues, and invests around 6% of revenues in innovation annually. By continuously transforming food processing, Marel enables its 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 2019