CHICAGO, Dec. 15, 2020 /PRNewswire/ — JBT Company (NYSE: JBT) introduced at the moment that Matthew Meister has been appointed Govt Vice President and Chief Monetary Officer. Mr. Meister has served as Interim CFO of JBT since September 2020 and beforehand served as Vice President and CFO for JBT Protein since 2019. His appointment is efficient instantly.
“I’m delighted that Matt might be a everlasting a part of our government management workforce,” mentioned Brian Deck, JBT’s President and CEO. “As interim CFO, he has been an awesome supply of help and management amid unprecedented challenges. Matt brings intensive expertise in world manufacturing and important monetary acumen to the CFO position. His depth of trade data and important monetary and operational expertise make him the best particular person to proceed to steer our finance workforce as we develop the enterprise and drive shareholder worth.”
Mr. Meister mentioned, “I’m grateful for the chance to function CFO on a everlasting foundation. The final a number of months have affirmed my confidence in JBT’s proficient workforce, monetary energy and potential. I’m excited to proceed working with Brian and the remainder of the management workforce to execute our technique to be a real options associate for our clients and to create sustainable worth for our shareholders.”
About Matt Meister
Matt Meister joined JBT in Could 2019 with intensive expertise in world manufacturing throughout varied industries, together with his prior roles at IDEX Company the place he held a number of operational finance management roles, most not too long ago serving as Group Vice President, Well being and Science Applied sciences. Previous to becoming a member of IDEX, he held varied roles of accelerating duty at Navistar Worldwide Company. Mr. Meister holds an MBA from The College of Chicago Sales space College of Enterprise and an undergraduate diploma in Finance and Operations Administration from Washington College in St. Louis.
JBT Company (NYSE: JBT) is a number one world know-how options supplier to high-value segments of the meals & beverage trade with concentrate on proteins, liquid meals and automatic system options. JBT designs, produces and companies subtle merchandise and methods for multi-national and regional clients via its FoodTech phase. JBT additionally sells important tools and companies to home and worldwide air transportation clients via its AeroTech phase. JBT Company employs roughly 6,200 folks worldwide and operates gross sales, service, manufacturing and sourcing operations in additional than 25 international locations. For extra data, please go to www.jbtc.com.
This launch accommodates forward-looking statements as outlined within the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements are data of a non-historical nature and are topic to dangers and uncertainties which might be past JBT’s capacity to regulate. Ahead-looking statements embody, amongst others, statements regarding the anticipated impression of the COVID-19 pandemic on our enterprise and our outcomes of operations, our plans to mitigate the impression of the pandemic, our future monetary efficiency, our strategic plans, our restructuring plans and anticipated value financial savings from these plans and our liquidity. These dangers and uncertainties embody, however will not be restricted to: the length of the COVID-19 pandemic and the results of the pandemic on our capacity to function our enterprise and amenities, on our clients, on our provide chains and on the economic system usually; fluctuations in our monetary outcomes; unanticipated delays or acceleration in our gross sales cycles; deterioration of financial circumstances; disruptions within the political, regulatory, financial and social circumstances of the international locations wherein we conduct enterprise; adjustments to commerce regulation, quotas, duties or tariffs; dangers related to present and future acquisitions; potential results of the U.Ok.’s exit from the E.U.; fluctuations in forex trade charges; issue in implementing our enterprise methods; will increase in vitality or uncooked materials costs and availability of uncooked supplies; adjustments in meals consumption patterns; impacts of pandemic sicknesses, meals borne sicknesses and illnesses to varied agricultural merchandise; climate circumstances and pure disasters; impression of local weather change and environmental safety initiatives; dangers associated to company social duty; our capacity to adjust to the legal guidelines and rules governing our U.S. authorities contracts; acts of terrorism or struggle; termination or lack of main buyer contracts and dangers related to fixed-price contracts; buyer sourcing initiatives; competitors and innovation in our industries; our capacity to develop and introduce new or enhanced services and products and preserve tempo with technological developments; issue in creating, preserving and defending our mental property or defending claims of infringement; catastrophic loss at any of our amenities and enterprise continuity of our data methods; cyber-security dangers; lack of key administration and different personnel; potential legal responsibility arising out of the set up or use of our methods; our capacity to adjust to U.S. and worldwide legal guidelines governing our operations and industries; will increase in tax liabilities; work stoppages; fluctuations in rates of interest and returns on pension property; availability of and entry to monetary and different sources; and different components described below the captions “Threat Elements” within the Firm’s most up-to-date Annual Report on Type 10-Ok and the Firm’s most up-to-date Quarterly Report on Type 10-Q filed by JBT with the Securities and Trade Fee. As well as, a lot of our dangers and uncertainties are at the moment amplified by and can proceed to be amplified by the COVID-19 pandemic. Given the extremely fluid nature of the COVID-19 pandemic, it’s not doable to foretell all such dangers and uncertainties. JBT cautions shareholders and potential buyers that precise outcomes could differ materially from these indicated by the forward-looking statements. JBT undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future developments, subsequent occasions or adjustments in circumstances or in any other case.
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SOURCE JBT Company