Aryzta

Aryzta Appoints New Chief Transformation Officer

Bakery firm Aryzta has named Armin Bieri as its new chief transformation officer. He will be responsible for leading the strategic reorientation of the...

Elliott Advisors Proposes To Acquire Aryzta, Swiss Firm Looks For Other Options

Private equity firm Elliott Capital Advisors said on Monday it made a non-binding proposal to Aryzta's board of directors on 18 November to acquire al...

Aryzta CEO Kevin Toland Steps Down

Bakery firm Aryzta has announced that its CEO Kevin Toland stepped down from the role on 19 November. The company has named board chair Urs Jordi as int...

Bakery Giant Aryzta 'Well-Positioned To Recover' Following Torrid Year

Bakery firm Aryzta is "well positioned to recover" next year, its chief executive has said, following a full-year period that saw the business po...

Activist Group Takes Control At Bakery Giant Aryzta

Shareholders of Aryzta have elected new leadership, shifting control to activist investors who have kept pressure on the Swiss frozen baked goods...

Proposed Aryzta Chairman Withdraws Candidacy, Citing 'Recent Developments'

Bakery firm Aryzta has said that its planned choice for chairman, Andreas Schmid, has withdrawn his candidacy. In a statement, Schmid said, “I had...

Aryzta In Advanced Discussions With Elliott About Potential Tender Offer

Swiss frozen baked goods maker Aryzta AG said it is in advanced talks with private equity firm Elliott Advisors (UK) about a potential public ten...

Activists' Pick For Aryzta Chairman Eyes Asset Sales: Report

The man proposed by activist shareholders to become chairman of Swiss baked goods group Aryzta would sell non-core assets and simplify the company, he told...