Overview
- Christian Stammkoetter, formerly Danone’s President for Asia, Middle East and Africa, will become Givaudan CEO on March 1, 2026.
- Gilles Andrier will retire as CEO and will be proposed as board chairman at the March 19, 2026 annual general meeting, as current chair Calvin Grieder steps down.
- The company set 2030 targets for average like-for-like sales growth of 4% to 6% and average free cash flow of more than 12%.
- Givaudan said it will actively pursue acquisitions and expand Fragrance & Beauty capabilities in biotechnology-based cosmetic ingredients, skin care and makeup, building on the 2024 b.kolor deal.
- During Andrier’s 20-year tenure, headcount rose from about 5,900 to 16,900 and sales nearly tripled from CHF 2.7 billion to CHF 7.4 billion, supported by more than 20 acquisitions.