December 9, 2022

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Business is my step

JBT Company Appoints Matthew Meister Government Vice President and Main Financial Officer

4 min read

CHICAGO, Dec. 15, 2020 /PRNewswire/ — JBT Corporation (NYSE: JBT) declared today that Matthew Meister has been appointed Govt Vice President and Main Financial Officer. Mr. Meister has served as Interim CFO of JBT considering the fact that September 2020 and previously served as Vice President and CFO for JBT Protein considering that 2019. His appointment is helpful promptly.

“I am delighted that Matt will be a long term component of our govt leadership crew,” claimed Brian Deck, JBT’s President and CEO. “As interim CFO, he has been a fantastic source of assist and management amid unprecedented issues. Matt brings extensive knowledge in world-wide production and major economical acumen to the CFO job. His depth of sector know-how and sizeable money and operational working experience make him the suitable person to continue to lead our finance team as we increase the business enterprise and generate shareholder benefit.”

Mr. Meister said, “I am grateful for the chance to serve as CFO on a long lasting basis. The last various months have affirmed my confidence in JBT’s gifted group, economical energy and opportunity. I am fired up to continue on performing with Brian and the relaxation of the leadership crew to execute our strategy to be a accurate options spouse for our consumers and to build sustainable price for our shareholders.”

About Matt Meister

Matt Meister joined JBT in May 2019 with comprehensive working experience in world-wide production across several industries, such as his prior roles at IDEX Company wherever he held a number of operational finance management roles, most recently serving as Group Vice President, Well being and Science Systems.  Prior to joining IDEX, he held numerous roles of increasing responsibility at Navistar International Corporation. Mr. Meister holds an MBA from The College of Chicago Booth Faculty of Business and an undergraduate degree in Finance and Functions Management from Washington University in St. Louis.

JBT Company (NYSE: JBT) is a major worldwide technology solutions company to high-value segments of the foodstuff & beverage business with concentration on proteins, liquid food items and automatic method remedies. JBT patterns, generates and products and services innovative solutions and systems for multi-countrywide and regional prospects by its FoodTech section. JBT also sells critical gear and companies to domestic and international air transportation buyers by way of its AeroTech segment. JBT Corporation employs somewhere around 6,200 men and women throughout the world and operates revenue, services, producing and sourcing operations in additional than 25 countries. For far more info, make sure you check out www.jbtc.com.

Ahead-Looking Statements

This launch has ahead-looking statements as described in the Private Securities Litigation Reform Act of 1995. Forward-seeking statements are data of a non-historic mother nature and are subject to hazards and uncertainties that are beyond JBT’s skill to command. Ahead-wanting statements consist of, among other individuals, statements relating to the predicted impression of the COVID-19 pandemic on our small business and our final results of operations, our designs to mitigate the impact of the pandemic, our upcoming fiscal performance, our strategic plans, our restructuring designs and expected expense discounts from those plans and our liquidity. These hazards and uncertainties consist of, but are not minimal to: the length of the COVID-19 pandemic and the outcomes of the pandemic on our capacity to function our organization and services, on our prospects, on our offer chains and on the overall economy typically fluctuations in our economic final results unanticipated delays or acceleration in our profits cycles deterioration of economic situations disruptions in the political, regulatory, economic and social circumstances of the nations around the world in which we perform organization variations to trade regulation, quotas, responsibilities or tariffs dangers involved with recent and foreseeable future acquisitions potential consequences of the U.K.’s exit from the E.U. fluctuations in currency exchange prices trouble in utilizing our business enterprise methods increases in electricity or raw product charges and availability of uncooked components adjustments in meals intake designs impacts of pandemic ailments, foods borne ailments and ailments to numerous agricultural merchandise climate conditions and purely natural disasters effect of climate alter and environmental security initiatives challenges connected to corporate social duty our skill to comply with the legal guidelines and restrictions governing our U.S. federal government contracts acts of terrorism or war termination or reduction of significant client contracts and threats connected with fastened-price tag contracts client sourcing initiatives opposition and innovation in our industries our means to build and introduce new or improved solutions and expert services and preserve speed with technological developments issue in producing, preserving and defending our intellectual assets or defending claims of infringement catastrophic reduction at any of our amenities and organization continuity of our information units cyber-security threats reduction of critical administration and other personnel potential liability arising out of the installation or use of our devices our ability to comply with U.S. and international legal guidelines governing our functions and industries boosts in tax liabilities function stoppages fluctuations in desire rates and returns on pension belongings availability of and entry to money and other assets and other factors explained beneath the captions “Risk Components” in the Firm’s most recent Yearly Report on Kind 10-K and the Firm’s most current Quarterly Report on Form 10-Q submitted by JBT with the Securities and Trade Fee.  In addition, many of our dangers and uncertainties are at the moment amplified by and will continue to be amplified by the COVID-19 pandemic. Offered the really fluid mother nature of the COVID-19 pandemic, it is not feasible to forecast all these challenges and uncertainties. JBT cautions shareholders and possible traders that genuine success may differ materially from people indicated by the forward-on the lookout statements. JBT undertakes no obligation to publicly update or revise any forward-wanting statements, whether or not as a end result of new info, foreseeable future developments, subsequent gatherings or adjustments in circumstances or if not.

Investors & Media:      Megan Rattigan      (312) 861-6048

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