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Riboud to stand down as Danone chairman - Le Monde

October 17, 2017 at 05:52 am EDT

PARIS (Reuters) - Franck Riboud is to stand down as chairman of French food group Danone with chief executive Emmanuel Faber due to take up the chairman's functions as well, Le Monde newspaper reported.

Officials at Danone could not be immediately reached for comment on the report.

(Reporting by Sudip Kar-Gupta; Editing by Dominique Vidalon)

Franck Riboud

Franck Riboud is a French businessperson who has been at the head of 7 different companies and occupies the position of Chairman for Fondation Initiative Autisme and Chairman of Rolex France SASU. Mr. Riboud is also on the board of 7 other companies. Franck Riboud previously held the position of Chairman for Livelihoods Fund For Familiy Farming SAS, Member of Le Conseil National du Développement Durable, Sales Director at Heudebert SA, Chairman & Chief Executive Officer of Danone SpA, Chairman at Danone Communities SICAV and Chief Executive Officer at Eaux Minérales Evian SA. Mr. Riboud received an undergraduate degree from École Polytechnique Fédérale de Lausanne.

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Linked companies
Rolex France SASU Rolex France SASU Wholesale DistributorsDistribution Services Rolex France engages in wholesale of clocks and jewelry. The company is headquartered in Paris, France.	Chairman
Fondation Initiative Autisme	Chairman