Marcus Ketter to continue as CFO of GEA until 2027

The Supervisory Board of GEA Group Aktiengesellschaft extended the appointment of Marcus A. Ketter (53) as the company's Chief Financial Officer by five years – until May 19, 2027 – at its meeting yesterday. Ketter has been a member of the Executive Board since May 2019. His previous appointment had a term of three years, until May 19, 2022.

"We are delighted that with Marcus Ketter, we will jointly continue GEA's success story in the coming years," commented Klaus Helmrich, Chairman of the Supervisory Board of GEA Group AG. "He has made a decisive contribution to the turnaround of the company since his appointment. In particular, the strong reduction in net working capital and the associated improvement in ROCE and net liquidity deserve mention. In addition, he has made a significant contribution to regaining the confidence of the capital market. The Supervisory Board is pleased that Marcus Ketter will build on these successes going forward.”