Danone Revamps Regional Structure to Boost Agility
Sourse: dairynews.today
Danone, the French multinational food-products corporation, is restructuring its leadership from five geographic regions to three in a bid to enhance corporate agility.
Danone has announced a strategic reorganization of its leadership structure, shifting from five regional divisions to three. This move aims to enhance agility and market impact, CEO Antoine de Saint-Affrique stated. From January, Danone will operate through the EMEA, Asia Pacific, and Americas regions. The restructure will see Pablo Perversi, Bruno Chevot, and Henri Bruxelles appointed as presidents of these regions, all reporting to Véronique Penchienati-Bosetta, deputy CEO of Danone. This adjustment follows the CEO's 'Renew Danone' strategy initiated in 2022, aimed at improving business performance. In 2024, Danone reported a sales increase to €27.4bn and a free cash flow rise of €3bn, marking a €400m leap from the previous year. Additionally, Danone is actively pursuing acquisition opportunities, notably with Lifeway Foods, although its initial offers have been declined.
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