Danone

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...

Danone Warns Of Tough First Quarter Following COVID-19 Impact

Danone expects 2021 to be a year of recovery with sales back to growth from the second quarter, and a return to profitable growth in the second half a...

Argentina Accuses Danone, P&G, Unilever Of Output Curbs Amid Pricing Crackdown

Argentina is investigating consumer firms including Danone, Procter & Gamble and Unilever, along with food producers like Bunge, over accusations t...