Sector News

Danone welcomes three new directors to its board

March 5, 2022
Consumer Packaged Goods

Danone has restructured its board of directors with the introduction of three new independent members.

The company is welcoming Patrice Louvet, current president and CEO of Ralph Lauren; Géraldine Picaud, current CFO of Holcim; and Susan Roberts, professor of nutrition at Tufts University and co-director of the Tufts Institute for Global Obesity Research.

Gilles Schnepp, chairman of the board, commented: “The decision to propose the appointment of Patrice Louvet, Géraldine Picaud and Susan Roberts is another step forward for Danone and its board renewal. They will bring their experience, as well as their internationally recognised expertise in consumer goods, health and nutrition, sustainability, finance and mergers and acquisitions. I would like to thank them, on behalf of the board of directors for their engagement and look forward to working with them.”

He continued: “Last year as a board we made clear our commitment to ensure our composition would comprise the right blend of capabilities, perspectives and experiences to support Danone’s performance. The appointment of Valerie Chapoulaud-Floquet, announced last December, and the proposed appointment of Patrice Louvet, Géraldine Picaud and Susan Roberts announced today delivers on that commitment.”

Last year, Danone announced that it would review the structure of its business and appointed Barry Callebaut boss, Antoine de Saint-Affrique, as its new CEO.

By Lauren Ford


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