March 29, 2024

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JBT Corporation Appoints Matthew Meister Govt Vice President and Main Fiscal Officer

CHICAGO, Dec. 15, 2020 /PRNewswire/ — JBT Company (NYSE: JBT) declared now that Matthew Meister has been appointed Govt Vice President and Chief Economic Officer. Mr. Meister has served as Interim CFO of JBT given that September 2020 and earlier served as Vice President and CFO for JBT Protein given that 2019. His appointment is helpful immediately.

“I am delighted that Matt will be a permanent element of our government leadership group,” said Brian Deck, JBT’s President and CEO. “As interim CFO, he has been a excellent supply of support and leadership amid unparalleled challenges. Matt delivers comprehensive encounter in global manufacturing and important economical acumen to the CFO position. His depth of field understanding and considerable fiscal and operational working experience make him the perfect particular person to proceed to lead our finance team as we mature the enterprise and push shareholder value.”

Mr. Meister stated, “I am grateful for the opportunity to provide as CFO on a permanent foundation. The previous quite a few months have affirmed my self esteem in JBT’s proficient staff, fiscal toughness and prospective. I am energized to continue functioning with Brian and the rest of the management group to execute our approach to be a correct remedies partner for our shoppers and to generate sustainable price for our shareholders.”

About Matt Meister

Matt Meister joined JBT in May well 2019 with considerable encounter in world wide manufacturing across numerous industries, together with his prior roles at IDEX Company the place he held quite a few operational finance leadership roles, most just lately serving as Team Vice President, Overall health and Science Systems.  Prior to joining IDEX, he held numerous roles of raising obligation at Navistar Global Corporation. Mr. Meister retains an MBA from The College of Chicago Booth School of Company and an undergraduate diploma in Finance and Functions Administration from Washington College in St. Louis.

JBT Company (NYSE: JBT) is a main worldwide technologies options supplier to large-value segments of the foods & beverage business with emphasis on proteins, liquid foods and automated method alternatives. JBT styles, creates and services sophisticated merchandise and techniques for multi-countrywide and regional consumers by way of its FoodTech phase. JBT also sells important machines and providers to domestic and international air transportation prospects by way of its AeroTech phase. JBT Company employs close to 6,200 persons around the world and operates profits, service, producing and sourcing functions in far more than 25 countries. For more facts, please go to www.jbtc.com.

Forward-Wanting Statements

This launch has ahead-seeking statements as defined in the Personal Securities Litigation Reform Act of 1995. Ahead-wanting statements are information and facts of a non-historic nature and are topic to hazards and uncertainties that are further than JBT’s means to command. Ahead-searching statements include things like, amid some others, statements relating to the expected effects of the COVID-19 pandemic on our small business and our results of operations, our designs to mitigate the effects of the pandemic, our future financial general performance, our strategic strategies, our restructuring strategies and expected charge cost savings from all those plans and our liquidity. These hazards and uncertainties include things like, but are not restricted to: the length of the COVID-19 pandemic and the effects of the pandemic on our means to operate our business and facilities, on our customers, on our provide chains and on the economic system frequently fluctuations in our economical results unanticipated delays or acceleration in our product sales cycles deterioration of financial conditions disruptions in the political, regulatory, financial and social disorders of the countries in which we perform business changes to trade regulation, quotas, responsibilities or tariffs dangers connected with existing and foreseeable future acquisitions potential effects of the U.K.’s exit from the E.U. fluctuations in currency trade fees issues in utilizing our organization tactics boosts in strength or uncooked materials price ranges and availability of raw products modifications in food stuff usage patterns impacts of pandemic sicknesses, food stuff borne diseases and ailments to various agricultural products weather situations and normal disasters affect of local climate change and environmental protection initiatives risks linked to company social duty our capacity to comply with the guidelines and polices governing our U.S. authorities contracts acts of terrorism or war termination or reduction of significant shopper contracts and dangers related with mounted-value contracts purchaser sourcing initiatives levels of competition and innovation in our industries our capacity to build and introduce new or improved solutions and expert services and retain pace with technological developments difficulty in creating, preserving and protecting our mental house or defending claims of infringement catastrophic reduction at any of our services and company continuity of our information and facts units cyber-security challenges decline of vital management and other staff probable liability arising out of the set up or use of our units our potential to comply with U.S. and international guidelines governing our operations and industries raises in tax liabilities operate stoppages fluctuations in fascination costs and returns on pension property availability of and obtain to fiscal and other assets and other factors explained under the captions “Risk Elements” in the Firm’s most current Annual Report on Kind 10-K and the Firm’s most new Quarterly Report on Type 10-Q submitted by JBT with the Securities and Exchange Commission.  In addition, quite a few of our dangers and uncertainties are presently amplified by and will continue on to be amplified by the COVID-19 pandemic. Provided the remarkably fluid nature of the COVID-19 pandemic, it is not possible to predict all these kinds of challenges and uncertainties. JBT cautions shareholders and potential investors that genuine outcomes may vary materially from those indicated by the ahead-on the lookout statements. JBT undertakes no obligation to publicly update or revise any forward-seeking statements, irrespective of whether as a final result of new info, long term developments, subsequent gatherings or changes in situations or otherwise.

Traders & Media:      Megan Rattigan      (312) 861-6048

Supply JBT Corporation

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http://www.jbtc.com