Barry Callebaut CEO on his way to Metro Group

Barry Callebaut CEO on his way to Metro Group

German retail chain Metro Group wants Juergen Steineman, who is to step down as Swiss chocolate manufacturer Barry Callebaut's CEO, to become its new chairman of the board next year, when its current chairman, Franz Markus Haniel, retires.

Part of advisory board in September

Steinemann will take his seat on Metro Group's advisory board in September, replacing Wulf Bernotat. Metro confirmed that the three largest shareholders have already agreed to replace Haniel, who is in charge of the Haniel Group. Haniel previously decided he would partly retire from Metro and lower his stake in the company by a third by 2020. After the shareholders meeting in February 2016, Haniel will hand in his resignation.

 

56-year old Steinemann has worked at animal food manufacturer Nutreco and Unilever and will resign as Barry Callebaut CEO at the end of the month. He will have led the company for 6 years, but will still be the board's vice-president and keep his position in the board of Swiss chemical company Lonza.

 

The Swiss chocolate manufacturer has appointed Antoine de Sainte-Afrique as Juergen Steinemann's successor.

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