Organizational changes in the Bell Food Group

At yesterday's Annual General Meeting of Bell Food Group Ltd in Basel, 79.4 percent of the issued shares were represented. The Annual General Meeting approved all the proposals of the Board of Directors by a clear majority. Among other things, the gross dividend of CHF 7.00 per share was approved. The dividend for 2023 will be paid out on April 22, 2024. The detailed voting results will be published on April 17, 2024 and the minutes of the Annual General Meeting will be published on the Bell Food Group website by April 23, 2024.

In addition, Joos Sutter, Chairman of the Board of Directors, addressed various organizational changes. As already announced, the current CEO Lorenz Wyss will step down in June 2024 after 13 successful years. Marco Tschanz will become the new CEO of the Bell Food Group on June 1, 2024. With this choice, the Board of Directors is relying on a proven personality in the company, while at the same time guaranteeing continuity and laying the foundation for dynamic further development.In this context, the structure of the Bell International division and the composition of the Group Executive Board will also be adjusted. In the Bell International division, the international poultry business (Hubers/Sütag division) will be separated out and managed as an independent division. The remaining divisions will remain in the business area but will be split up by country.
The designated CEO Marco Tschanz will also take over the management of the Bell Switzerland and Hubers/Sütag divisions. The Eisberg and Bell International divisions, which he previously managed, will be managed by Mike Häfeli (new; as of 01.01.2024) and Martin Schygulla (previously Head of Bell Germany; as of 01.06.2024).

About Bell Food Group
The Bell Food Group is one of the leading meat and convenience processors in Europe. Its range includes meat, poultry, charcuterie, seafood, convenience and vegetarian products. With various brands such as Bell, Eisberg, Hilcona and Hügli, the Group covers a wide range of customer needs. Its customers include the retail and food service sectors as well as the food industry. Around 13,000 employees generate annual sales of over CHF 4.5 billion The Bell Food Group is listed on the Swiss stock exchange.