Danone: Executive Committee Change

Rhea-AI Summary

Bertrand Austruy, Chief Human Resources Officer and General Secretary of Danone, announced his resignation after over 20 years with the company.

Laurent Sacchi will succeed him as General Secretary starting October 1st. Austruy will remain in his position until a successor for the Chief Human Resources Officer role is named. CEO Antoine de Saint-Affrique praised Austruy’s dedication and impact on Danone’s social dialogue.

Positive

• Laurent Sacchi appointed General Secretary, expected to bring fresh leadership.
• Austruy's long tenure indicates strong organizational stability and experience.

Negative

• Leadership transition may create short-term uncertainty within the organization.

Press Release – Paris, September 28, 2021

Bertrand Austruy, Chief Human Resources Officer and General Secretary, announced he will step down from his roles at Danone.

Laurent Sacchi will succeed him as General Secretary.
Chief Human Resources Officer succession will be announced in due course.

After more than 20 years of a distinguished career with Danone, of which the last 7 on the Executive Committee, Bertrand Austruy has decided to leave the company to pursue different professional opportunities.

Antoine de Saint-Affrique, Danone CEO, said: “Even though I have only known him for a short while, I have been impressed with Bertrand's total commitment to Danone and to our collective success. Both as a General Secretary and as Chief Human Resources Officer he has had a lasting impact. He has demonstrated in the past months how uniquely strong the quality of social dialogue at Danone is. On behalf of the Executive Committee and each of us, I would like to wish him all success in this next stage of his professional life.”

Laurent Sacchi will be appointed General Secretary with effect on October 1^st and will join Danone Executive Committee. He will maintain his duties as Secretary to the Board of Directors.

Chief Human Resources Officer succession will be announced in due course. Bertrand Austruy will remain CHRO and an Executive Committee member until his successor is in place.

Attachment

• Danone_PR_280921

FAQ

Who will succeed Bertrand Austruy at Danone?

Laurent Sacchi will succeed Bertrand Austruy as General Secretary.

When is Bertrand Austruy stepping down from Danone?

Bertrand Austruy will step down following the appointment of a successor for the Chief Human Resources Officer role.

What impact does Bertrand Austruy's departure have on Danone?

Leadership transition could create short-term uncertainty within the organization.

When does Laurent Sacchi officially take over as General Secretary?

Laurent Sacchi will officially become General Secretary on October 1st.

Who is the current CEO of Danone?

Antoine de Saint-Affrique is the current CEO of Danone.