equitieswatch
Tuesday, September 26, 2023
About us
Advertise
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities
No Result
View All Result
Equitieswatch.com
No Result
View All Result

Sugar maker Tereos appoints Ludwig de Mot as new CEO By Reuters

by equitieswatch
April 5, 2022
in Stock Market


© Reuters. FILE PHOTO: A view shows a logo at the entrance of the Tereos sugar factory in Escaudoeuvres, France, June 1, 2021. REUTERS/Pascal Rossignol

PARIS (Reuters) – French sugar and ethanol maker Tereos said on Tuesday it had appointed Ludwig de Mot as its new chief executive, succeeding Philippe de Raynal who left the company in February after just a year at the helm.

Tereos, the world’s second-largest sugar producer in volume and with large operations in Brazil, has been reshuffling its top management and reviewing its strategy since 2020 when a long-running internal feud led to the ousting of its chairman and CEO.

De Mot, a 58-year old Belgian, was previously interim manager in charge of transformation at airport services group Swissport. He also held board member and executive positions in the maintenance services, minerals production and packaging industries.

It is the first time that Tereos has appointed a non-French to lead the cooperative, the group’s spokeswoman said. De Mot will start on April 7.

“His industrial experience and expertise in transformation are assets that will enable Tereos to deploy a progress plan at its various production sites and thus accelerate its return to sustainable profitability,” Tereos said in a statement.

Gwenael Elies, the current chief financial officer who had served as acting CEO since de Raynal’s departure, was appointed head of finance, information systems, legal, tax and human resources, Tereos said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

YOU MAY ALSO LIKE

Mexico’s new airport gets boost from Panama’s Copa Airlines By Reuters

Honda and Sony Team Up to Tackle Tesla

ShareTweetPin

Search

No Result
View All Result

Recent News

Oil slips further on demand, financial market worries By Reuters

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

October 25, 2022
Gold Up, Set for Second Weekly Gain as Dollar Falls from 20-Year High By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

October 25, 2022
Explainer-What would be the impact of Russian oil sanctions in Europe? By Reuters

Oil prices edge higher as U.S. dollar eases By Reuters

October 25, 2022
Equitieswatch.com

Equitieswatch.com is your Stock Market, Finance, Forex, Cryptocurrency, Business, NFT News Website. We provide you with the latest breaking news and videos straight from the Business industry.

  • Home
  • About us
  • Contact
  • Privacy Policy

© 2022 www.equitieswatch.com

No Result
View All Result
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities

© 2022 www.equitieswatch.com