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
The Coca-Cola Co. has promoted Evguenia (Jeny) Stoichkova to president of global ventures, effective Jan. 1, 2023. Ms. Stoichkova joined Coca-Cola Bulgaria in 2004 and was most recently the president of the company’s Eurasia & Middle East division, a role she has held since 2021.
US-based Perfect Day, is partnering with Onego Bio, which specializes in creating animal-free eggs, aiming to accelerate the timeline to bring the eggs to the market. The business, with the use of its technology, plans to commercialize animal-free ovalbumin, the most abundant egg white protein extracted through precision fermentation.
Food waste costs the EU €143 billion per year (US$141.7 billion), with a report by Feedback EU raising the alarm of how it’s vital to reduce waste from farm to fork 50% by 2030 and the only way this will be achieved is by enforcing a mandatory directive forcing the food industry to do better and retailers to pay a tax of food waste.