Agricultural commodity group Louis Dreyfus Company has announced that it has appointed Patrick Treuer as its new chief financial officer, effective immediately.
He will continue to be a member of the company's senior leadership team and retain his position as the chief strategy officer.
In 2014, Treuer joined LDC’s sister company, Biosev, as the head of strategy. The following year, he was named as the head of strategy of LDC.
Before joining LDC, he worked for 15 years in investment banking in Switzerland and the UK.
Treuer will succeed Federico Cerisoli, who will now focus on coordinating LDC’s cost efficiency programme, launched in November of this year.
'Challenging Market Conditions'
Michael Gelchie, chief operating officer of LDC, thanked Cerisoli for his contribution to the company and said, "He will continue to provide valuable support as we adapt to challenging market conditions, while we continue to implement our ambitious business strategy.
"I also take this opportunity to congratulate Patrick, who brings in-depth knowledge of the Group and financial expertise that will serve him well in his new role."
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.
