JBT announces Fernandez transition, Rizzolo promoted to lead Diversified Food & Health effective Oct 1

JBT MAREL Corp

Carlos Fernandez resigns as EVP/President Diversified Food & Health, effective Oct 1, 2022; becomes EVP Customer Sustainability and Market Development, no longer an executive officer.
Luiz "Augusto" Rizzolo appointed EVP/President Diversified Food & Health effective Oct 1, 2022; currently President Protein North America.
Rizzolo's new compensation: $415,000 annual salary, 60% MIP target for 2023, and $425,000 LTIP grant value.
Role change part of Elevate 2.0 strategy, focusing on customer sustainability goals and new market development.

item 5.02 item 9.01

Executive movements

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Appointed

Luiz "Augusto" Rizzolo

Executive Vice President, President Diversified Food & Health

JBTM · JBT MAREL Corp

Effective: 2022-10-01
Filed: August 18, 2022, 7:59 PM ET

On August 16, 2022, the Board of Directors of the Company appointed Luiz “Augusto” Rizzolo to serve as the Company’s Executive Vice President, President Diversified Food & Health, effective October 1, 2022.

Departed

Carlos Fernandez

Executive Vice President, President Diversified Food & Health

JBTM · JBT MAREL Corp

Effective: 2022-10-01
Successor: Luiz "Augusto" Rizzolo
Filed: August 18, 2022, 7:59 PM ET

On August 15, 2022, Carlos Fernandez, Executive Vice President, President Diversified Food & Health, of John Bean Technologies Corporation (the “Company”) resigned from such position, effective October 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Luiz "Augusto" Rizzolo was appointed as Executive Vice President, President Diversified Food & Health at JBT MAREL Corp.

Action: appointed
Role: Executive Vice President, President Diversified Food & Health

Exact text from the filing

On August 16, 2022, the Board of Directors of the Company appointed Luiz “Augusto” Rizzolo to serve as the Company’s Executive Vice President, President Diversified Food & Health, effective October 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Carlos Fernandez resigned as Executive Vice President, President Diversified Food & Health at JBT MAREL Corp.

Action: resigned
Role: Executive Vice President, President Diversified Food & Health

Exact text from the filing

On August 15, 2022, Carlos Fernandez, Executive Vice President, President Diversified Food & Health, of John Bean Technologies Corporation (the “Company”) resigned from such position, effective October 1, 2022.

View on SEC.gov

JBT MAREL Corp filing history →

Source: SEC EDGAR

accession 0001433660-22-000032

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