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Danone ‘set to call new CEO immediately’ | Meals Trade Information

Danone – naming of latest CEO imminent, report suggests

A report in a French newspaper suggests outgoing Barry Callebaut boss Antoine de Saint-Affrique is to be named as Danone’s new CEO immediately (17 Could).

Le Figaro reported yesterday de Saint-Affrique’s appointment on the Alpro and Activia manufacturers proprietor must be formalised this afternoon when Danone’s board of administrators is because of meet.

The newspaper mentioned de Saint-Affrique, who has already introduced he’s leaving the Switzerland-based B2B chocolate maker Barry Callebaut, must be obtainable to take over as Danone CEO from 1 September.

The report additionally prompt the France-based dairy and baby-food group had beforehand approached Max Koeune, CEO of Canadian potato-products main McCain Meals and a former head of company growth at Danone, in regards to the place however he had dominated himself out.

Nathalie Roos, former head {of professional} merchandise at L’Oreal, has additionally been linked with the position. 

De Saint-Affrique was strongly tipped for the Danone CEO position in a earlier French newspaper report on 12 Could. Les Echos reported he was to be named successor to Emmanuel Faber, the chairman and CEO of Danone who stepped down earlier this 12 months amid investor criticism.

The newspaper mentioned a majority of Danone’s board of administrators had been in favour of the candidacy of de Saint-Affrique and that that they had reached an settlement with him on his remuneration bundle.

In early March, as investor disapproval of Danone’s efficiency beneath Faber grew, the corporate introduced he would stand down as its CEO after virtually seven years on the helm however keep on as its new non-executive chairman.

Nonetheless, that transfer didn’t placate some buyers and, days later, Danone mentioned its board had determined Faber ought to stand down as the corporate’s chairman as effectively and depart the enterprise solely.

Approached by Simply Meals, Danone declined to touch upon Le Figaro‘s report.

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