Sector News

Hein Deprez takes charge at Greenyard

January 31, 2018
Consumer Packaged Goods

Hein Deprez is back in the driving seat at Belgian multinational produce company Greenyard following the surprise departure of Marleen Vaesen, a move which forms part of a new plan to strengthen the group’s business organisation.

Deprez, who remains executive chairman of the group, replaces Vaesen with immediate effect. “I would like to thank Marleen for her valuable contribution [in] transforming Greenyard into today’s modern, strong company,” he commented. “We wish her the very best in her future endeavours.”

Greenyard’s chief financial officer Carl Peeters, meanwhile, has been appointed to the new role of chief operating officer, meaning the group is now searching for a replacement CFO.

“After this initial transformation period following the merger, the announced management changes are a next step to further execute our strategy,” Deprez explained.

“By doing so, we will focus even more on our strategy and priorities to continue generating profitable growth and strengthening our global leadership position in fruit and vegetables.”

Fresh reshuffle

Within its fresh produce operation, current finance director Tim Van Londersele has been handed the task of leading all fresh operations apart from Bakker Barendrecht – a major supplier to Dutch retail business Albert Heijn – which will continue to be managed by Irénke Meekma.

Deprez’s son Charles-Henri is stepping down from the group’s board of directors to focus on a new role as head of Long Fresh, the group’s prepared and frozen foods division, with Stefaan Vandaele remaining in charge of the horticulture business.

Subject to approval, Charles-Henri will be replaced on the board by his sister, Valentine, while Hein Deprez himself is expected to pass on the role of executive chairman to Koen Hoffman, who joined the board of directors in early October 2017. It is understood the new chief executive will retain a place on the board.

New chapter

Vaesen, who will receive a pay-off in line with her 2016/17 salary, leaves Greenyard by mutual consent at the end of January 2018, having spent a total of five years at the company as CEO of Greenyard Foods.

Deprez family-owned fresh produce company Univeg merged with processor Greenyard Foods and horticultural substrate specialist Peatinvest in summer 2015, effectively becoming the fresh produce division of the Greenyard group.

As part of that merger process, Vaesen’s chief executive role was extended to cover Univeg after the departure of Francis Kint.

According to Greenyard, she was responsible for establishing a new commercial structure for the group, effectively aligning the three different entities and making key appointments.

Greenyard’s latest corporate reshuffle comes less than a month after the collapse of a proposed US$2.5bn deal to acquire US-based produce company Dole Food, a merger that would have created the world’s largest fresh produce company.

Source: Fruitnet

comments closed

Related News

April 14, 2024

McCain Foods completes acquisition of Strong Roots

Consumer Packaged Goods

McCain Foods has completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots. The acquisition follows McCain and Strong Roots’ strategic partnership, which began in 2021 and resulted from a $55 million investment.

April 14, 2024

Cargill’s alternative cocoa collaboration gets off the ground as cocoa prices continue to climb

Consumer Packaged Goods

Cargill partners with Voyage Foods to scale up alternatives to cocoa-based products to meet consumers’ indulgence needs. The commercial partnership will also provide food manufacturers with nut spreads produced with no nut or dairy allergens used in the recipe formulation.

April 14, 2024

L’Occitane stock still halted as owner reportedly tries again to privatize beauty company

Consumer Packaged Goods

L’Occitane International owner Reinold Geiger is reportedly close to taking the company private in a deal with Blackstone. The French skin care company’s filing halted trading of its Hong Kong-listed shares this week. This is the second time in months that the Australian billionaire has attempted a buyout.

How can we help you?

We're easy to reach