Monday, November 9, 2015

Emmanuel Faber: Danone CEO

Emmanuel Faber was born on January 22, 1964, and graduated from the prestigious French educational institution, HEC. Emmanuel then embarked in his professional career and began working as a consultant at Bain & Co., later he joined Baring Brothers. 
He joined Legris Industries in 1993, as Chief Administrative and Financial Officer and was promoted in 1996 as Chief Executive Officer. In 1997, Emmanuel joined Danone as Head of Finance, Strategies and Information Systems. IN 2000, he was named a member of the Executive Committee. While Danone was strengthening its management structure in the Asia-Pacific region, Emmanuel was appointed Vice-President for the Asia-Pacific region in charge of the Group’s operational activities. 
Since January 1, 2008, he has been a Deputy General Manager of Danone, responsible for major corporate functions (Finance, Human Resource, etc.) Emmanuel was appointed Vice-Chairman of the Board of Directors on April 28, 2011. He has been a member of the Steering Committee of the Danone Ecosystem Fund since 2008. Emmanuel has been a member of the Steering Committee of the Livelihoods Fund since December 2011. 
His position came about after the change in Danone’s governance wherein the Chairman and the CEO functions were separated with the Chairman’s duties strengthened. Emmanuel became the CEO effective October 1, 2014.
Danone is a French food processing company that has around 99,927 employees and sales in excess of $20 billion. It operates through the following divisions: French  Dairy Products, Waters, Early life Nutrition, and Medical Nutrition. 
The Dairy Fresh Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh daily products. The Waters division is made of the natural waters business along with aqua drinks. The Early Life Nutrition division focuses on specialized foods for babies and young children to complement breast-feeding while always complying with the World Health Organization Code and local laws. It manufactures infant formula, cereal snacks, biscuits and other food products for infants. 
The Medical Nutrition division focuses mainly on people receiving medical treatment, babies afflicted with certain illnesses and frail elderly  people. The Division’s products are designed primarily to treat disease-related to malnutrition by satisfying special food needs. 

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