Vion Food Group

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Vion Food Group
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Quick Facts
TypePublic (N.V.)
sectorAgriculture/Food Industries
HeadquartersBoxtel, The Netherlands
Year of Origin2003
Emissions (All Scopes)XXX Megatons of CO2 (2020)
Net IncomeEUR 4.9 billion (2020)
Key PeopleRonald Lotgerink (CEO), Theo Koekkoek (Chairman)
Subsidiaries
Vion Food Group has 44 Subsidairies[1]

Vion Holding N.V., stylized as Vion Food Group, was founded in 2003 when Dumeco, Hendrix Meat Group, Moksel, and Norddeutsche Fleischzentrale merged. Vion Food Group is an international producer of meat, meat products, and plant-based alternatives.[2] The Company has production locations in the Netherlands, Germany, and Belgium and sales support offices in thirteen countries worldwide. The Vion Food Group Headquarters are located in Boxtel, The Netherlands.[3] In February 2021 Vion Food Group announced their acquisition of Adriaens, a Belgian meatpacker. Through this acquisition, the company expanded its home-market operations to Belgium. Vion Food Group has one shareholder, Stichting Administratiekantoor SBT.[4]

Vion Food Group has 12,124 employees. Vion Food Group is part of the top 100 largest global food companies. In 2020 the company had a revenue of 4.9 billion euros.[5]

Company Structure

Vion has a two-tier board. The management board is responsible for managing the company. It is supervised and advised by the supervisory board. Both boards are accountable to Vion’s general meeting of shareholders. The management board is supported by the executive committee.[6]

Management Board

Management Board and Executive Committee [7]
Name Function
Ronald Lotgerink Chief Executive Officer
Tjarda Klimp Chief Finanacial Officer
Binne Visser Chief Human Resource Officer
David de Camp Chief Operating Officer (Beef)
Simon Morris Chief Operating Officer (Food Services)
John de Jonge Chief Operating Officer (Pork)
Philippe Thomas Chief Operating Officer (Retail)

There is no information available on the individual remuneration of the management board. The remuneration is decided based on the remuneration policy that was adopted by the company in 2017.[8] This policy makes sure the remuneration is based on performance by comprising the remuneration of: 1. a base salary, 2. a short-term cash incentive depending on the achievement of the performance targets, 3. pension contributions.[9]

In 2020 the base salary of the management board is €1,200,000. the short-term cash incentive can range from 0% to 67% of the base salary.[10]

Supervisory Board

Supervisory Board [11]
Name Function Remuneration x1000 EUR[12]
Theo Koekkoek Chairman 75
Rogier Jacobs Vice-Chairman 45
Marieke Bax Member 40
Martine Snels Member 40
Peter Broeckx Member 40
Cis van Doninck Member 40

Accountant

The auditor of Vion Food Group is Ernst and Young Accountants LLP. [13] Ernst and young have been the auditor for Vion Food Group since 2014. [14]

Operations

Vion is active in the production of meat products and plant alternatives. The company has four business units: Pork, Beef, Food Services, and Retail. Vion Food Group services over 100 million consumers per day.[15]

Vion Food Group does not have royal status.[16] Vion Food group has not received NOW support from the Dutch government.[17]

Paris Agreement to Today

In 2019 Vion developed a new corporate strategy in order to create a demand-driving supply chain instead of a supply-driven commodity focus.[18] They created a roadmap for the years 2020-2024 called Building Balanced Chains (BBC). Vion has selected six CRS topics that they believe are most crucial for the day-today-success of the business.[19]

These six are:

  • Employment and working conditions
  • Food Safety
  • Traceability and product integrity
  • Animal welfare
  • Sustainable farming
  • Fair pricing

Current Policies and Emissions

Beschrijving van de uitstoot van het bedrijf en eventuele beleid

Climate Plans

Beschrijving van de klimaatplannen van het bedrijf

Conclusion

Beschrijving of de plannen in lijn zijn met 'Parijs'

References

  1. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/129
  2. ↑ https://www.vionfoodgroup.com/about-vion
  3. ↑ https://www.vionfoodgroup.com/about-vion
  4. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/5
  5. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/5
  6. ↑ vionfoodgroup.com/about-vion
  7. ↑ https://www.vionfoodgroup.com/about-vion
  8. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/49
  9. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/49
  10. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/49
  11. ↑ https://www.vionfoodgroup.com/about-vion
  12. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/50
  13. ↑ https://view.publitas.com/cfreport/vion-annual-report-2020/page/141
  14. ↑ https://www.vionfoodgroup.com/news/vion-food-reports-higher-gross-operating-result-2014-ongoing-activities
  15. ↑ vionfoodgroup.com/about-vion
  16. ↑ https://www.koninklijkhuis.nl/onderwerpen/onderscheidingen/predicaat-koninklijk/overzicht-predicaat-koninklijk
  17. ↑ https://www.uwv.nl/overuwv/Images/uwv-register-now-vijfde-aanvraagperiode.pdf
  18. ↑ https://view.publitas.com/cfreport/vion-corporate-social-responsibility-report-2020/page/34
  19. ↑ https://view.publitas.com/cfreport/vion-corporate-social-responsibility-report-2020/page/34
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