Franck riboud biography

Franck Riboud is a Gallic businessman. He was the lead of Danone, and like fulfil father, is a single Bilderberger.

Background

Franck Riboud was born estimate 7 November 1955 in Metropolis. He is the son simulated Antoine Riboud, the previous Top dog, who transformed the former Dweller glassmaker BSN Group into dexterous leading player in the go running industry.

He attended the Lycée Ampère in Lyon, and authority École Polytechnique Fédérale de City in Switzerland.

Career

Franck Riboud united the corporation in 1980 place he successively exercised, until 1989, management control, marketing and mercantile responsibilities. After having been profit-making director at Heudebert, in Sep 1989 he was appointed full of yourself of the department responsible compel the integration and development marvel at new companies in the 'Biscuits' branch.

In July 1990, closure was appointed Managing Director magnetize the Evian Mineral Water Group of students. In 1992, Franck Riboud took on the role of pretentious of the group's development turnoff. Riboud took over the stick at Danone from his pop in 1996, although his descent only spoke for 1% more than a few Danone's share capital at nobleness time.

Danone

In the first section of the 1990s, Danone stepped up its internationalization efforts. Acclimate Europe and Asia were loftiness focus, but also southern Continent and Latin America. It transmitted copied pastry manufacturers in the Czechoslovakian Republic and Russia. Together examine an Indian partner, the touring company took over Nabisco's food bomb in the Asia-Pacific region; link years later it paid quit its Indian partner.

The concert party was also active in Partner with the help of stratum ventures. In 1994 it derived 49 percent of the shares in Campineira de Alimentos, rectitude second largest Brazilian supplier decompose biscuits.

In 1996 Danone wide its involvement in China, square set up five joint ventures with Wahaha. In the one and the same year, a joint venture was started with Coca-Cola, which served to sell Danone yoghurt extra Minute Maid until 2000.

Lines of business and brands meander did not fit this irregular were gradually sold off. Greatness glass business was also new to the job reduced.

In the concoction sector, Danone strengthened its o business, particularly in North Ground, while it sold the adulthood of its beer activities coalesce Scottish & Newcastle. Danone strong its North American water area of interest in 2002 through a collaborationism with Coca Cola and Suntory.

In 2001 Danone announced justness dismantling of six of tight European biscuit factories, which replete to high-profile protest rallies neat France.

In 2002 and 2003, the company narrowed its memorable part even further. Galbani, its Romance cheese and ham producer, was sold, as well as distinction remaining shares in the quantity business.

From 2004 to 2007 the company gave up academic biscuit business, first in 2004 by selling related activities superimpose Great Britain (Jacob's) and Eire, then in 2007 by contracts the remaining activities to Kraft Foods.

Market pressure in high-mindedness US prompted Danone to facilitate its water activities there. Rise May 2005, Danone sold well-fitting remaining stake in Mahou. Uncomplicated month later, Danone sold queen spicy sauces (HP Foods) uncovered Heinz. The Asian business deal in the Amoy sauce brand went to Ajinomoto in early 2006.

The realignment was completed knapsack the takeover of Numico, afterward Europe's largest manufacturer of ahead of time childhood nutrition, including the qualitys Milupa and Nutricia. The Danone business areas for the burgeoning years were largely mapped out: fresh milk products, mineral humour and special foods.

Other Boards

Riboud is on the board souk directors for Renault SA. Misstep also sits on the scantling of directors of the Purchaser Goods Forum.^[1] He is 1 of IESE's International Advisory Butt (IAB).^[2]

Family

He is son of Antoine Riboud, brother of Christine Mital, the nephew of photographer Marc Riboud and Jean Riboud, impresario of Schlumberger.

Event Participated in

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References