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Antoine de Saint-Affrique is the new CEO of Danone

Appointed after years of experience at Barry Callebaut and Unilever

Danone has appointed the director of Barry Callebaut, Antoine de Saint-Affrique, as the new CEO, who will take office starting September 15, 2021.
The decision comes after Danone CEO and Chairman Emmanuel Faber resigned from both roles within two weeks, following shareholder pressure on governance changes (see EFA News article from 3-3-21). Saint-Affrique will succeed the interim leadership of Véronique Penchienati-Bosetta and Shane Grant .

Antoine de Saint-Affrique joins Danone after a long career at global chocolate manufacturer and cocoa processor Barry Callebaut, for which he served as CEO since October 2015. Prior to Barry Callebaut, he held a number of positions management at Unilever, such as the role of president of the company's food division for four years. De Saint-Affrique also served as executive vice president of leather at Unilever, as well as the central and eastern European region of the company. Danone will discuss the appointment of de Saint-Affrique as a member of the board at the next annual shareholders' meeting to be held in April 2022.

"As advice we have kept our promise to quickly seek and find the best person to lead Danone during the next phase of our evolution", said the president, Gilles Schnepp . "We all agree that Antoine de Saint-Affrique is a prominent leader in the world of consumer goods. He has an illustrious history of innovation and achievement. In addition, he brings to Danone the right combination of strategic vision, international experience in goods. consumption and operational execution capacity". Antoine de Saint-Affrique said: "I am proud and honored to join the Group and to lead a company that has always been an inspiration to me. I believe Danone has significant potential to continue shaping the industry and contribute to the way people eat and drink globally ".

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EFA News - European Food Agency
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