Corbion Appoints Former J.P. Morgan Executive to Supervisory Board
Corbion has announced the proposed appointment of Bob Elfring to the Supervisory Board for a four-year term, pending approval at the general shareholders' meeting on May 13, 2026.
Bob Elfring, a Dutch national, has been appointed to join the Supervisory Board of Corbion. With over thirty years of experience as a senior executive in investment banking, corporate finance, and capital markets, Mr. Elfring has held executive roles at prestigious global financial institutions. Notably, he served as the Vice President of Investment Banking for the EMEA region at J.P. Morgan, and held leadership positions at Bank of America Merrill Lynch, Credit Suisse, Lehman Brothers, MeesPierson, Amsterdam Investment Bank, Rabobank, and AMRO Bank.
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Mr. Elfring will begin his duties as an advisor to the Supervisory Board starting April 1, 2026. His appointment will become effective following the general shareholders' meeting on May 13, 2026, subject to approval. This appointment is part of a planned succession within the Supervisory Board and does not alter the size of the Board. Mr. Elfring currently serves as a non-executive director at ASR Nederland, vice-chairman of the Supervisory Board of Royal BAM Group, and chairman of the Supervisory Board of Vuyk Holding.
SectorAgroalimentaire et boissons›Industrie alimentaire
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 631,1 millions d'euros
Quarterly revenue: 631,1 millions d'euros
EBITDA: 85 millions d'euros
EBITDA margin: 14,1 %
Net income: 29,8 millions d'euros
Free cash flow: -4 millions d'euros
481,6 millions d'euros
Guidance from the release
we are refining our 2026 guidance to an Adjusted EBITDA margin of above 16% (previously ~17%)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.