Matti Rihko has resigned from his position as Raisio plc’s CEO on 3 January 2017.
Rihko and Raisio plc’s Board of Directors have agreed that Rihko may renounce his position with immediate effect. Rihko has acted as Raisio plc’s CEO from November 2006. The Board of Directors will begin immediately the search process for a new CEO.
The Board of Directors has appointed Jarmo Puputti, M. Sc. (Eng.), MBA, as Raisio plc’s interim CEO. In addition to his role as interim CEO, Puputti will continue his duties as Raisioagro’s Managing Director. Jarmo Puputti’s CV is available on Raisio’s website at www.raisio.com.
Matti Perkonoja, Chairman of the Board of Directors says, “The Board of Directors wants to thank Matti Rihko for his ten years’ term and his excellent work for Raisio’s renovation and internationalisation. Since 2006 Raisio shareholders have nearly tripled the value of their investment due to the share price increase and the nine years of increased dividends. We wish Matti Rihko the best of success in his future endeavours.”
Source: Raisio
Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.
US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.
Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.
