Legris Inds

Type: Company
Name: Legris Inds
Nationality: France
First reported Sep 02 2014 - Updated Sep 03 2014 - 1 reports

DANONE : Change in Danone’s Governance

09/02/14 Change in Danone's Governance Chairman and CEO functions to be separated, with Chairman's duties strengthened Franck Riboud remains Chairman of the Board Emmanuel Faber appointed Chief Executive OfficerOn September 2, 2014, on the recommendation ... [Published 4 Traders - Sep 02 2014]

Quotes

Addressing this decision, Franck Riboud said; "I joined Danone 33 years ago and have managed our day-to-day operations for over 18 years. During that time, our company has undergone incredible change and we have achieved the goals we set back in 1996. Today Danone is a truly global company, oriented toward emerging markets, realigned around a select number of promising businesses in which we are market leaders, and focused on pursuing growth. We have achieved spectacular growth while remaining true to our dual commitment to business success and social progress, and we are still a pace-setter for social innovation. I want to ensure that Danone has everything it needs to lay the groundwork for its future. Which is why I recommended separating the functions of Chairman and Chief Executive Officer and paving the way for the arrival of a new generation to guide Danone."

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DANONE : Change in Danone’s Governance [Published 4 Traders - Sep 02 2014]
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