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Home News Company News Michel De Clercq passing the torch to Stef Vanneste, new
CEO of...
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MICHEL DE CLERCQ PASSING THE TORCH TO STEF VANNESTE, NEW CEO OF PETERSIME

6 January 2019
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After 34 years of service, Michel De Clercq will be stepping down as Managing
Director of Petersime at the end of 2018. He will pass the torch to Stef
Vanneste, who will take over the lead of Petersime as new CEO.

The end of a challenging journey
We can say that Michel De Clercq has been a true one-company man. “After a short
first experience in audit work, I joined Petersime in 1984 and covered different
positions over the years: I started in Sales, moved to Finance and then became
part of the General Management. This job was at the intersection of what I did
before, so I could combine my commercial and financial skills. A perfect fit for
me”, Michel points out. In fact, he will be leaving the company he has seen
changing and growing throughout the years.

“Petersime has evolved a lot over the years. For instance, the market has
expanded significantly: whereas we only served the Middle-East, Europe and
Africa back then, we now have activities worldwide – except of Northern America.
This also had its consequences. Petersime no longer operates from its
headquarters in Olsene alone but has different sales and service subsidiaries
worldwide to be closer to the customer. This is important more than ever,
because the core of the economy has shifted from Western Europe and the Middle
East to the emerging markets in Asia and Latin America.”

He continues: “But not only the market has changed. The customers Petersime
serves nowadays are different too. Whereas we supplied mainly smaller family
businesses before, we now also deal with ‘the big fishes’: giant investors and
global players that are often vertically integrated and very powerful. Petersime
is only a small business in comparison to them, but we have always managed to
stand our ground. We don’t have a one-size-fits-all solution, but we know our
customers and offer them a tailor-made solution.”

Looking back on his journey, he is very fond of Petersime. “I will always
remember Petersime as a fascinating company that lives on the pulse of the
global economy. The demand of investment goods is very volatile and sensitive
for economic fluctuations; so, the volume of business is quite difficult to
forecast. That’s why Petersime must be agile to be able to survive in this
fluctuating market. It has been an honour to lead a company with so many
challenges. It has always been very interesting to work in a company in such a
challenging international envrironment.”

Michel’s leave also marks the end of his duo job with Paul Degraeve, who is now
CEO of International Hatchery Holdings. “Sharing the job of Managing Director
with Paul went very smoothly, because we had different but complementary skills.
Paul’s expertise in research & development, production and general management
and my commercial and financial background proved to be a solid combination that
has always worked very well for both us and for Petersime.”

Stef Vanneste
Stef Vanneste started on November 12th and will gradually take over the lead as
Michel’s departure approaches. He will oversee the executive committee, namely
Olav Boel (Chief Commercial Officer), Dirk Vermeersch (Chief Financial Officer),
and Jan Elsmoortel (Chief Operations Officer). Although Stef Vanneste is a
newcomer in the poultry industry, he has experience in various positions. After
getting his master’s degree in Biomedical Science in 1998, he fulfilled various
positions at companies such as KBC, Asia Brown Bovery and B. Braun. He obtained
an MBA at the Vlerick Management School in 2007 and then joined Terumo Medical
Products. Over the last 10 years, he grew from Product Manager to the position
of Vice-President Europe, Middle East and Africa.

Now, he is ready to take on a new challenge as CEO of Petersime: “Being newly
introduced into the poultry industry makes taking the lead of Petersime, a
global leader in the development of incubators, hatchery equipment and turnkey
hatcheries, an exciting opportunity. A great challenge that I am embracing with
full confidence”, Stef Vanneste states.

“Being on the job, I already could see and feel the strong drive and engagement
of Petersime’s employees. Such human capital is an asset that provided Petersime
with a solid base and will generate an even stronger future”.

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