Suedzucker AG Wednesday announced that Chairman Wolfgang Heer has resigned from his position in consultation with the supervisory board.
The supervisory board has thanked Heer for his longtime and successful work leading the company.
As of March 1, 2020, Niels Pörksen has been appointed as new chairman of the executive board. In particular he will be responsible for the portfolios strategy, sales, IT and public relations.
For more than 20 years Dr Pörksen has been acting in various regions and markets in different leading functions et al. at BASF, Nordzucker and since 2014 at globally operating plant protection company Nufarm. He contributes comprehensive leadership experience especially in market cultivation and strategic corporate development.
Source: RTT News vias Nasdaq
Heineken has entered into an agreement with Sanyo Whisbih Group to take over majority ownership of the Long Chuan Zuan Co brewery in Taiwan. With this investment in local production, Heineken says it will become the first international brewer to have a brewery in the country.
Mondelēz International plans to reopen a potato chip plant, located on the outskirts of Kyiv, that was damaged in the ongoing Russia-Ukraine conflict, according to Reuters. The facility, which was closed in March after suffering serious damage, will resume production while still undergoing repairs, a company spokesperson told Reuters.
Diageo has announced it will wind down its Russian business operations over the next six months, with plans to fully withdraw by the end of the year, according to Reuters. In March, the drinks giant suspended all exports of its products to Russia as well as the manufacturing of its beers, which are brewed locally under license by third parties.
