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France's Roquette Names Pierre Courduroux As New CEO

French food ingredient maker Roquette has appointed Pierre Courduroux as its new chief executive officer, the company said on Wednesday.

Courduroux succeeds Jean-Marc Gilson, who will become chief executive of Mitsubishi Chemical Holdings Corp in April 2021, family-run Roquette said in a statement.

Courduroux joined Roquette in October as chief financial officer. Prior to that, he had spent nearly three decades at US group Monsanto in a series of financial leadership roles and most recently senior vice president and CFO.

Plant-Based Food

Roquette processes crops like maize, potatoes and peas to extract substances like starch and protein for processing into ingredients for food, nutrition and health markets.

The group has been betting in the past years on the fast growing market for plant-based proteins and has signed a three-year supply agreement with US plant-based burger maker Beyond Meat.

News by ReutersClick subscribe to sign up to ESM: European Supermarket Magazine.

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