Stock Markets April 30, 2026 03:07 AM

Umicore names Lily Liu as CFO and establishes chief digital role, Peferoen to remain as adviser

Leadership reshuffle effective August 1, 2026 will see new finance head and a dedicated digital and transformation executive join the metals and materials group

By Derek Hwang UMI
Umicore names Lily Liu as CFO and establishes chief digital role, Peferoen to remain as adviser
UMI

Umicore SA said on Thursday that Lily Liu will succeed Wannes Peferoen as chief financial officer on August 1, 2026. Peferoen will stay with the company in an advisory capacity through February 28, 2027 to support the handover. At the same time, Umicore is creating a Chief Digital & Transformation Officer role and has appointed Marten Zieris to that position, also effective August 1, 2026.

Key Points

  • Lily Liu will replace Wannes Peferoen as Umicore's Chief Financial Officer, effective August 1, 2026.
  • Wannes Peferoen will remain with Umicore in a special advisory capacity until February 28, 2027 to support the transition.
  • Umicore is creating a Chief Digital & Transformation Officer role and has appointed Marten Zieris to that position, also effective August 1, 2026.

Umicore SA announced a leadership transition on Thursday that will replace its current finance chief and add a senior digital transformation executive to the leadership team. Effective August 1, 2026, Lily Liu will assume the role of Chief Financial Officer, succeeding Wannes Peferoen.

According to the company, Liu joins Umicore from Synthomer, where she most recently served. Her resume, as disclosed by Umicore, also includes prior tenures as CFO at Essentra plc and earlier CFO roles at Xaar plc and Smiths Detection. The appointment is set to take effect at the start of August 2026.

Wannes Peferoen will relinquish the CFO responsibilities but will not depart immediately. Umicore said Peferoen will remain with the business in a special advisory capacity through February 28, 2027, specifically to support the transition process. That arrangement is intended to provide overlap between the outgoing and incoming finance chiefs during the handover period.

In parallel with the finance change, Umicore is creating a new executive post: Chief Digital & Transformation Officer. Marten Zieris has been named to fill that position, with his appointment also taking effect on August 1, 2026.

Umicore's announcement notes Zieris's most recent role as a Partner and Head of Growth & Transformation Practice for Central Europe at Arthur D. Little. The company did not provide additional detail in the release about the scope of the new role beyond the title and the effective date of the appointment.

Both leadership moves are scheduled to begin on the same calendar day in August 2026, and Umicore has explicitly defined a transition window for the outgoing CFO that extends to late February 2027. The company has presented the changes as sequential and coordinated appointments, with the incoming CFO and the newly created digital executive joining the organization at the same time.


Summary of appointments and timing

  • Lily Liu to become CFO on August 1, 2026.
  • Wannes Peferoen to step down as CFO but remain as special adviser until February 28, 2027.
  • Marten Zieris to take the newly created role of Chief Digital & Transformation Officer on August 1, 2026.

The announcements identify the previous employers of the incoming executives but do not add commentary on strategic intent or expected operational changes beyond the stated responsibilities and transition timing.

Risks

  • Planned leadership transition introduces a defined handover period that may carry typical transition-related uncertainty for finance functions and market-facing activities - this affects the corporate and materials sectors.
  • Creation of a new Chief Digital & Transformation Officer role represents a change in organizational structure that could require integration effort and may introduce uncertainty during implementation - this impacts digital transformation initiatives within the company.

More from Stock Markets

Brockman Reveals Near-$30 Billion OpenAI Stake and Financial Links to Altman During Musk Trial May 4, 2026 California Launches Probe into Federal Deal That Scrapped Central Coast Offshore Wind Project May 4, 2026 Pilots Union Praises Kirby’s Merger Vision, Stops Short of Endorsing Deal May 4, 2026 Embraer Sees Follow-On Middle East Defense Sales After UAE C-390 Agreement May 4, 2026 Intel hires long-serving Qualcomm executive to oversee PCs and physical AI unit May 4, 2026