Danone

Food Group Danone To Sell Stake In China Mengniu Dairy Company

Danone, under pressure from investment funds over its returns, will sell a 9.8% stake in China Mengniu Dairy Company, the food group said on Wednesday....

Danone Aiming To Recruit New CEO Soon

French food group Danone is making swift progress in its search for a new chief executive and hopes to come to a decision soon, Jean-Michel Severino,...

Danone's New Chairman Says Will Stick To Organisational Changes

Danone will pursue some of the organisational changes set in motion by former boss Emmanuel Faber, newly-appointed chairman Gilles Schnepp said in a letter...

Internal Discord At Danone Helped Ripen Case For Activist Funds, Say Sources

Abruptly ousted as head of Danone, the yoghurt group he turned into a standard bearer for green-friendly businesses, chief executive officer Emmanuel Faber...

Danone Board Ousts Faber As Chairman And CEO After Activist Pressure

The board of French food group Danone said on Monday that Emmanuel Faber would step down as chairman and CEO, as the group tries to draw a line u...

Danone Needs New Independent Chairman Instead Of Faber, Says Investor Artisan

U.S investment company Artisan Partners on Wednesday said that Danone needed to appoint a new, independent chairman, adding more pressure on Emmanuel Faber...

Danone's Faber To Give Up CEO Role Following Investor Pressure

Danone's board has voted to separate the chairman and chief executive roles held by Emmanuel Faber and launch the search for a new CEO following&...

Did You Know ...? 23 February 2021

Did you know ...? French e-commerce website Cdiscount, part of the Casino Group, is launching a B2B programme to enable retailers to develop their e-commer...