Icelandic giant names new Chief Financial Officer

Editorial Staff

Sebastiaan Boelen, a Dutch-British national, brings more than 25 years of experience in financial roles across various industries including industrials, food and beverage, and technology.

Icelandic processing equipment supplier Marel has appointed Sebastiaan Boelen as its new Chief Financial Officer, effective immediately.

Prior to joining Marel, Boelen served as Group Chief Financial Officer at Southern Water for four years. He has also held senior financial positions at companies such as Arrow Global, SPI Group, and Black & Decker.

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The announcement comes as Stacey Katz, who has served as Marel’s CFO for nearly a decade, steps down from her role by mutual agreement. Katz will remain in an advisory capacity until the end of the financial year to ensure a smooth transition and the continued delivery of Marel’s strategy.

Arni Sigurdsson, Chief Executive Officer of Marel, expressed his enthusiasm for Boelen’s appointment: “I am delighted to welcome Sebastiaan to Marel. His extensive experience and global perspective will be invaluable as we continue to execute our strategy and achieve our medium-term targets. Sebastiaan’s appointment is pivotal in unlocking Marel’s significant potential.”

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