Danone

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 Confirms Ousting Of 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, adding that Gilles Schnepp, who joi...

Danone Executive Changes 'Raise More Questions Than Answers', Says Analyst

The decision by Danone chief executive Emmanuel Faber to step down from his role as CEO, and continue to occupy the position as chairman at the food group...

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

US 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 calls fro...

Danone Shares Rise After It Prepares To Sell Chinese Dairy Stake

Shares in Danone rose 1.9% on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Meng...

Investment Funds Increase Pressure On Danone Chief Executive

U.S. investment company Artisan Partners joined activist investor Bluebell Capital Partners on Friday in demanding that French food group Danone finds a ne...