Philippe Nahon, in charge of grains trading in Africa and the Middle East at Archer Daniels Midland (ADM), is leaving the company, sources close to the matter said.
Nahon had been with the company since 2002, having started at grains trading house Toepfer, which was integrated in ADM in 2014.
The sources said Nahon had been asked to leave the company early this week and was no longer going to the EMEA headquarters based in Rolle, Switzerland.
ADM declined to comment.
By Valerie Parent and Sybille de La Hamaide
Source: Reuters
Danone has appointed three deputy CEOs to “better connect categories and regions” and drive the delivery of its ‘Renew Danone’ strategy. The new appointees are Veronique Penchienati-Bosetta, Shane Grant and Juergen Esser. They will report to Danone CEO Antoine de Saint-Affrique.
PepsiCo Portugal has announced that it will invest €7.5 million to construct a new biodigester, which will turn organic waste into biogas. As well as helping its Carregado facility to achieve a 30% reduction in carbon emissions, the biodigester will also contribute to reducing gas consumption, allowing the installation to use the biogas produced during the anaerobic digestion process.
Kerry is sponsoring The Kerry Upcycled Food Foundation Fellowship in a new partnership with the Upcycled Food Foundation (UFF), the non-profit subsidiary of the Upcycled Food Association (UFA). The research fellowship is the second initiated by the UFF and will work toward advancing the understanding of the market, consumer perception and technical opportunities of upcycled food.