Fish feed company sale prompts CFO to resign

Dutch fish feed producer Nutreco CFO Gosse Boon has announced he will be leaving the company, prompted by its impending sale to Dutch investor SHV Holdings.

SHV made a competitive bid for Nutreco in November of 2014, which the company has since accepted. Nutreco will officially be delisted on 17 April as part of the buyout process.

"In my years as CFO of Nutreco I very much enjoyed the responsibilities related to the specific dynamics of a listed company as well as the overall leadership of the finance function,” Boon said. “With Nutreco delisted, these particular responsibilities will cease to exist or change substantially.”

In his statement, Boon thanked his colleagues, his finance team, and the members of the executive committee and supervisory board. He also gave “a special word of appreciation” to CEO Knut Nesse.

"We want to thank Gosse for his contribution and commitment to Nutreco over the past five years, including his involvement in the successful transaction with SHV, his contribution to the ‘Feeding the Future strategy,’ as well as his drive for excellence in Finance and IT,” said Piero Overmars, chairman of Nutreco’s supervisory board. “In view of the new phase which Nutreco is entering into and the change this brings to his role and responsibilities as CFO, we understand and respect Gosse's decision."

Boon will remain in his current position until 1 July when he hands off to his successor, Jeroen Wakkerman.

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