Swiss dairy group Emmi has announced the appointment of a new chief financial officer, Ricarda Demarmels, effective June 2019.
The group said that current CFO Jörg Riboni will relinquish his role at the firm with effect from the group's 2019 General Meeting.
Demarmels, a Swiss national, currently works at food business ORIOR Group as chief financial officer and member of its management board. She has spent 16 years working in a variety of financial positions, including spells at Oliver Wyman Financial Services and Capvis Equity Partners, where she worked from 2009 to 2014.
“Ricarda Demarmels comes to Emmi with financial expertise and experience gained in a dynamic company environment very similar to our own," commented Urs Riedener, CEO of Emmi.
"She is an effective strategist and communicator, and her modern understanding of management will enable her to fit in very well in the Group Management team of the Emmi Group. We look forward very much to welcoming her on board soon.”
The board of Emmi said that it wished to thank Jörg Riboni 'for his loyalty and the valuable contributions he has made over the past five years, which have been crucial to Emmi’s development and to its becoming a more international business'.
© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine.