Barry Callebaut makes strategic investment; appoints CFO and regional president North America
The investment helps move Barry Callebaut closer to markets and customers while fostering simplicity and digitization.
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The investment helps move Barry Callebaut closer to markets and customers while fostering simplicity and digitization.
In the first major announcement since Peter Feld took over the reins as chief executive officer from Peter Boone in April, the Group said it is to invest CHF 500 million ($563 million) over the next two years in core customer areas and in efficiency measures leading to CHF 250 million annual cost reductions supporting margins and cash flow.
Plan increases regions to five from three and includes leadership changes.
News Release Ad hoc announcement pursuant to Art. 53 LR Barry Callebaut announces strategic investment program BC...
Plan increases regions to five from three and includes leadership changes.