Arnout Traas (CFO) to step down after Annual General Meeting ForFarmers in 2020

12 June 2019 - 07:00

Arnout Traas, CFO and member of the Executive Board of ForFarmers N.V. has decided not to be eligible for reappointment during the Annual General Meeting of Shareholders on 24 April 2020, when his current tenure ends.

Arnout Traas started as CFO at ForFarmers in August 2011. “After a very interesting period at ForFarmers, during which the company has grown substantially through, amongst others, acquisitions and during which the listing on the stock exchange also took place, I have decided not to be eligible for reappointment for a new term so that I can focus on other activities, such as non-executive tasks”, states Arnout Traas.

Yoram Knoop, CEO ForFarmers: “We respect Arnout’s decision. He has played a vital role in further professionalising ForFarmers and in the implementation of the acquisition strategy as of 2011. Arnout has also been instrumental during the transition of a cooperative to a stock listed company. In order to ensure a smooth transfer of tasks, ForFarmers will be starting up an executive search for his succession soon.”