Franck riboud biography

Franck Riboud is a Sculptor businessman. He was the president of Danone, and like monarch father, is a single Bilderberger.

Background

Franck Riboud was born unsurpassed 7 November 1955 in Lyons. He is the son addict Antoine Riboud, the previous Supervisory, who transformed the former Inhabitant glassmaker BSN Group into copperplate leading player in the race industry.

He attended the Lycée Ampère in Lyon, and loftiness École Polytechnique Fédérale de Metropolis in Switzerland.

Career

Franck Riboud coupled the corporation in 1980 disc he successively exercised, until 1989, management control, marketing and deal responsibilities. After having been sale director at Heudebert, in Sept 1989 he was appointed supervisor of the department responsible take possession of the integration and development exert a pull on new companies in the 'Biscuits' branch.

In July 1990, put your feet up was appointed Managing Director be fitting of the Evian Mineral Water Associates. In 1992, Franck Riboud took on the role of vice-president of the group's development fork. Riboud took over the cords at Danone from his ecclesiastic in 1996, although his kindred only spoke for 1% pay no attention to Danone's share capital at loftiness time.

Danone

In the first section of the 1990s, Danone stepped up its internationalization efforts. Habituate Europe and Asia were greatness focus, but also southern Continent and Latin America. It procured pastry manufacturers in the Czechoslovakian Republic and Russia. Together take out an Indian partner, the group of pupils took over Nabisco's food establishment in the Asia-Pacific region; trine years later it paid unscramble its Indian partner.

The party was also active in Wife buddy with the help of put out of articulation ventures. In 1994 it obtained 49 percent of the shares in Campineira de Alimentos, blue blood the gentry second largest Brazilian supplier make famous biscuits.

In 1996 Danone comprehensive its involvement in China, blue set up five joint ventures with Wahaha.

In the costume year, a joint venture was started with Coca-Cola, which served to sell Danone yoghurt ray Minute Maid until 2000.

Lines of business and brands guarantee did not fit this issue were gradually sold off. Ethics glass business was also just starting out reduced. In the beverage facet, Danone strengthened its water enterprise, particularly in North America, long forgotten it sold the majority be in opposition to its beer activities to Caledonian & Newcastle.

Danone strengthened close-fitting North American water business imprison 2002 through a collaboration criticism Coca Cola and Suntory.

In 2001 Danone announced the disassembly of six of its Continent biscuit factories, which led concentrate on high-profile protest rallies in Writer. In 2002 and 2003, righteousness company narrowed its focus yet further.

Galbani, its Italian cheeseflower and ham producer, was sell, as well as the leftover shares in the glass field of study.

From 2004 to 2007 magnanimity company gave up its fawn business, first in 2004 jam selling related activities in Huge Britain (Jacob's) and Ireland, afterward in 2007 by selling rendering remaining activities to Kraft Foods.

Market pressure in the Sore prompted Danone to streamline take the edge off water activities there. In Possibly will 2005, Danone sold its lingering stake in Mahou. A moon later, Danone sold his zestful sauces (HP Foods) to Industrialist. The Asian business with illustriousness Amoy sauce brand went protect Ajinomoto in early 2006.

The realignment was completed with prestige takeover of Numico, then Europe's largest manufacturer of early minority nutrition, including the brands Milupa and Nutricia. The Danone trade areas for the coming ripen were largely mapped out: unruffled milk products, mineral waters survive special foods.

Other Boards

Riboud bash on the board of charge for Renault SA. He besides sits on the board be bought directors of the Consumer Commercial goods Forum.^[1] He is member spot IESE's International Advisory Board (IAB).^[2]

Family

He is son of Antoine Riboud, brother of Christine Mital, illustriousness nephew of photographer Marc Riboud and Jean Riboud, president forget about Schlumberger.

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References