ForFarmers N.V.: Management Change ForFarmers United Kingdom

ForFarmers N.V.: Management Change ForFarmers United Kingdom

ID: 564505

(Thomson Reuters ONE) -


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(at)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(at)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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Datum: 20.10.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 564505
Anzahl Zeichen: 5838

contact information:
Town:

Lochem



Kategorie:

Business News



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