Danone SA

Danone SA engages in the food processing industry. It operates through the following geographical segments: Europe; North America; China, North Asia & Oceania; and Rest of the World. The company was founded on February 2, 1899 and is headquartered in Paris, France.

Danone: Update on 2021 Annual General Meeting

Abruptly ousted as head of Paris-based Danone, the yoghurt group he turned into a standard bearer for green-friendly businesses, Chief Executive Officer Emmanuel Faber's dismissal is a rare win for activist funds in France campaigning for his removal.

At Danone, internal discord ripened case for activist funds: sources

The board of directors at Paris-headquartered Danone (OTCQX: DANOY) announced the removal of Chairman and CEO Emmanuel Faber Monday. Gilles Schnepp will replace Faber as chairman.

Danone Board Ousts CEO Emmanuel Faber: What You Need To Know

Danone unveiled Honest to Goodness, a line of plant-based coffee creamers, hoping to capture some of the growing demand for non-dairy products.

Danone looks to grab more coffee creamer sales with launch of plant-based Honest to Goodness brand

Danone said on Monday that Emmanuel Faber would step down as chairman and CEO, replaced immediately by Gilles Schnepp as non-executive chairman, while Veronique Penchienati-Bosetta and Shane Grant will serve as CEO and deputy CEO on an interim basis.

Factbox: French food group Danone names new leaders

In an announcement on Monday, Danone SA (EPA: BN) said that Emmanuel Faber will exit the role as the CEO and chairman of the company after excessive pressure from shareholders. Danone shares that you can learn to buy online here jumped close to 5% in premarket trading on Monday.

Danone ousts chairman after excessive pressure from shareholders

The board of French food group Danone said on Monday that Emmanuel Faber would step down as chairman and CEO, adding that Gilles Schnepp, who joined as a director late last year, had been appointed non-executive chairman with immediate effect.

Danone confirms ousting of Faber as chairman and CEO after activist pressure

Press Release – Paris, March 15th, 2021

Danone: New governance at Danone; Emmanuel Faber steps down as Chairman and CEO Gilles Schnepp appointed non-executive Chairman

The board of French food group Danone on Sunday voted to oust Emmanuel Faber as chairman, Le Figaro newspaper reported, adding that he would be replaced with Gilles Schnepp, who joined as a director late last year.

Danone board ousts Faber as chairman after activist pressure

The board of French food company Danone will meet this weekend without its chairman and chief executive, Emmanuel Faber, who is under pressure from activist investors to leave following poor results, Le Figaro reported on Friday.

Danone's board to meet this weekend as activists pressure Faber to quit: Le Figaro

Danone: Notification of availability of Danone's 2020 consolidated financial statements and statutory auditors' report

U.S investment company Artisan Partners on Wednesday said Danone needed to appoint a new, independent chairman, adding more pressure on Emmanuel Faber who is the French food company's current chairman.

Danone needs new independent chairman, investor Artisan says

Bayer AG

Charles de Vaulx ( Trades , Portfolio ), chief investment officer of International Value Advisors, has revealed the IVA Worldwide Fund portfolio for the fourth quarter of 2020. Top trades include new buys into Danone SA (XPAR:BN) and Bayer AG (XTER:BAYN) and reductions in Bollore SA (XPAR:BOL) and H U Group Holdings Inc. (TSE:4544).

Charles de Vaulx's Top 4th-Quarter Trades

Danone's shares edged up on Tuesday after the French food group separated the chairman and chief executive roles held by Emmanuel Faber, and launched the search for a new CEO following calls from several shareholders to shake up governance.

Danone shares edge up after Faber drops CEO role following investor pressure

France's Danone said on Monday that its board had voted to separate the chairman and chief executive roles held by Emmanuel Faber, and launch the search for a new CEO following calls from several shareholders to shake-up governance.

Danone to search for new CEO as Faber splits top roles

Danone's Board of Directors confirms unanimous support for Emmanuel Faber, who proposes the separation of Chairman and CEO roles

The Danone board will meet on Monday to debate a response to increasing pressure from activist funds.

Danone to sell Chinese unit in bid to appease activist investors

Shares in Danone's, which is expected to hold a board meeting on Monday amid shareholder pressure to improve governance and boost returns, rose 2% after it announced plans to sell its stake in Chinese dairy firm Mengniu.

Board meeting, Chinese asset sale plan lift Danone shares

Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its performance and governance.

Under shareholder pressure, Danone takes step to sell Chinese asset

Press release – Paris, February 28, 2021

Danone: Portfolio review: Conversion of Danone's 9.8% indirect stake in Chinese partner Mengniu into a direct holding as a first step to disposal

U.S. investment company Artisan Partners joined activist investor Bluebell Capital Partners on Friday in demanding that French food group Danone finds a new chief executive.

Investment funds increase pressure on Danone CEO

SAN FRANCISCO, Feb. 26, 2021 /PRNewswire/ -- Please find following a letter sent by the Artisan Partners International Value and Global Value Teams to the board of directors of Danone SA. In their letter, Daniel J. O'Keefe, Artisan Global Value Strategy Lead Portfolio Manager, and N....

Letter from the Artisan Global Value Strategy and the Artisan International Value Strategy to the Board of Directors of Danone S.A.

Danone SA (DANOY) CEO Emmanuel Faber on Q4 2020 Results - Earnings Call Transcript

2020 Full-Year Results Press release – Paris, February 19, 2021

DANONE: 2020, a year marked by the health crisis; Reinventing Danone to reconnect with our profitable growth ambition

PARIS and LOS ANGELES, Feb. 18, 2021 /PRNewswire/ -- Leading global food and beverage company Danone and Earth Island®, maker of Follow Your Heart brands and a pioneering leader in plant-based foods, today announced that they have entered into a share purchase agreement under which Danone...

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