DÜSSELDORF, Germany — Marcus A. Ketter (51) has become Chief Financial Officer of GEA Group Aktiengesellschaft. His predecessor Dr. Helmut Schmale (62) left the company on May 17, 2019, after more than 10 years in this position.
Marcus Ketter, a graduate economist, comes from the steel and metal distributor Klöckner & Co SE, where he played a key role in shaping the company over the past six years as Chief Financial Officer.
Prior to that, he was CFO of Schuler AG and held various management positions in the thyssenkrupp Group. Marcus Ketter has been appointed to the GEA Executive Board until May 19, 2022.
“With his many years of experience as CFO of listed companies and his expertise in performance management and digitization, Marcus Ketter will help GEA regain the confidence on the capital market that this fascinating company deserves,” commented Stefan Klebert, CEO of GEA Group Aktiengesellschaft.
About GEA
GEA is one of the largest suppliers for the food processing industry and a wide range of other industries that generated consolidated revenues of approximately EUR 4.8 billion in 2018.
The international technology group specializes in machinery, and plants as well as process technology and components. GEA provides sustainable energy solutions for sophisticated production processes in various end-user markets and offers a comprehensive service portfolio. The group generates around 70 percent of its revenue in the food and beverages sector that enjoys long-term sustainable growth.
As of December 31, 2018, the company employed about 18,500 people worldwide. GEA is a market and technology leader in its business areas. The company is listed on the German MDAX (G1A, WKN 660 200), the STOXX® Europe 600 Index and selected MSCI Global Sustainability Indexes.
