Marel hf. (MAREL.AS)

3.2600 -0.0100 (-0.31%) At close: 05:35PM CEST

Marel hf.

Austurhraun 9
Garðabær 210
Iceland
354 563 8000
https://marel.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 7,500

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Arni Sigurdsson	CEO & Member of Executive Board	907.71k	N/A	1983
Mr. Sebastiaan Antonius Theodorus Boelen	Chief Financial Officer	N/A	N/A	N/A
Mr. David Freyr Oddsson	Chief Human Resource Officer & Member of Executive Board	N/A	N/A	1975
Ms. Tinna Jónsdóttir Molphy	Director of Investor Relations	N/A	N/A	N/A
Arie Tulp	Sales & Marketing Director	N/A	N/A	N/A
Mr. Kristján Þorsteinsson	Director of Finance & Secretary	N/A	N/A	N/A
Mr. Bjarki Bjornsson	Corporate Director of Treasury & Financing	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Marel hf. develops, manufactures, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company operates through four segments: Poultry Processing; Meat Processing; Fish Processing; and Plant, Pet, and Feed. The company's Poultry Processing segment offers automated in-line solutions, software, and services for all stages of processing broilers, turkeys, and ducks. Its Meat Processing segment supplies primary, secondary, and further processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for processing salmon and whitefish, both farmed and wild, on-board, and ashore. Its Plant, Pet, and Feed segment provides solutions and services to the pet food, plant-based protein, and aqua feed markets. The company also provides software assurance agreement, customer support, training, process consultancy, preventive maintenance, consumable packages, calibration, inspection, critical parts, and repair and exchange services, as well as upgrade kits. Marel hf. was founded in 1977 and is based in Garðabær, Iceland.

Corporate governance

Marel hf.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.