Corbion presented its strategy for the period 2020-2025, Advance 2025, during Capital Markets Day in Amsterdam. The company’s business and reporting structure will change and have three business units: Sustainable Food Solutions, Lactic Acid & Specialities, and Incubator, that includes algae-based omega-3 for fish feed applications, algae proteins, in cooperation with Nestlé, and a new co-polymer platform. The company plans to bring omega-3 DHA to profitability in 2022 while staying committed to investing in initiatives with a longer time horizon.
Corbion will also strengthen its Executive Committee with the appointment of two new members to help drive its Advance 2025 strategy. Marco Bootz, currently senior vice president sales EMEA, was named president of Lactic Acid & Specialties, while Ruud Peerbooms, now senior vice president Food, will be president o Algae Ingredients. The appointments will be effective as of April 1, 2020.
Olivier Rigaud, Corbion’s CEO, said "I am really pleased to welcome Marco and Ruud to the ExCo team. They bring in-depth knowledge of the global Corbion business as well as the leadership qualities to successfully execute our growth agenda in the coming years."
Six Executive Committee members will continue: Olivier Rigaud (CEO) and Eddy van Rhede van der Kloot (CFO), Jacqueline van Lemmen (Chief Operations Officer), Johan van der Hel (Chief Human Resources Officer), Andy Muller (President Sustainable Food Solutions) and Marcel Wubbolts (Chief Science & Sustainability Officer).
