JBT Marel Corporation logo JBTM - JBT Marel Corporation

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| PRICE TARGET: $170.00 DETAILS
HIGH: $175.00
LOW: $165.00
MEDIAN: $170.00
CONSENSUS: $170.00
UPSIDE: 26.36%

About JBT Marel Corporation (https://www.jbtmarel.com)

Headquartered in Chicago, Illinois, and established in 1994, JBT Marel Corporation offers sophisticated technological solutions to the global food and beverage industries, with operations spanning North America, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's core offerings include a comprehensive suite of value-added processing capabilities for the food, beverage, and health markets. These solutions cover a wide range of functions, such as chilling, mixing, grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high-pressure processing, weighing, inspecting, filling, closing, sealing, and end-of-line material handling and packaging. Beyond food processing, JBT Marel also supplies automated guided vehicle (AGV) systems, facilitating efficient material movement within manufacturing, warehouse, and medical environments. Its diverse clientele extends from baby food, bakery, confectionery, citrus, and various fruit and nut processors, to juice, pet food, pharmaceutical, plant-based beverage and protein producers, poultry, meat, and seafood operations, as well as ready meal manufacturers. Furthermore, the company serves non-food sectors like automotive, building materials, tissue, paper, packaging, hospitals, and other general manufacturing and warehousing facilities. JBT Marel markets and distributes its products and services via a direct sales team, independent distributors, sales representatives, and dedicated technical service personnel. The company, previously known as John Bean Technologies Corporation, officially adopted its current name, JBT Marel Corporation, in January 2025.

Key Executives

NAME TITLE DOB SALARY
Arni Sigurdsson President 1983 $5,217,295 USD
Brian A. Deck Chief Executive Officer & Director 1969 $2,766,490 USD
Matthew J. Meister Executive Vice President & Chief Financial Officer 1979 $1,191,033 USD
Roger Claessens Executive VP & President of Poultry 1976 $992,374 USD
Luiz Rizzolo Executive Vice President of Regions & Integrations 1979 $952,289 USD
Robert James Petrie Executive Vice President & President of Meat and Prepared Foods 1970 $911,226 USD
Jack Martin Executive Vice President & Chief Supply Chain Officer 1964
James C. Pelletier EVP, General Counsel & Secretary 1978
Marlee Spangler Director of Investor Relations
Mary Beth Siddons Executive Vice President & President of Diversified Food and Health 1964
Shelley Rae-K. Bridarolli Executive Vice President & Chief Human Resources Officer 1971

Company Peers

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