FRANCE: Ex-Lactalis chief Leonard named Doux CEO

By Dean Best | 20 June 2012

  • Ex-Lactalis boss Léonard joins Doux as CEO
  • Poultry group Doux in receivership

Former Lactalis boss Michel Léonard has been appointed CEO of Groupe Doux, the French poultry processor that went into receivership earlier this month.

Léonard, who was Lactalis president for nine years until 2009, takes the helm at a company that filed for receivership with debts estimated at EUR430m (US$546m).

Volatile commodity costs and a troubled venture in Brazil are the two main reasons for Doux's plight.

Doux is 80% owned by the Doux family through a holding company. French bank BNP Paribas owns the remaining shares.

Léonard, whose career includes stints at Danone and Bongrain, faces a challenging task in revitalising a company that indirectly supports an estimated 20,000 jobs among suppliers to its sites across France.

Click here for a feature on Doux published in the immediate aftermath of its move into receivership.

Show the press release

 

Michel Léonard nommé Directeur Général Délégué du Groupe Doux

Châteaulin, le 20 juin 2012 - Le Groupe Doux annonce la nomination de Michel Léonard au poste de Directeur Général Délégué. Doté d’une longue carrière dans l'agro-alimentaire à des postes de Direction Générale dans des groupes internationaux de premier plan, il apporte son expérience et vient renforcer immédiatement les actions initiées et menées par le Groupe.

Michel Léonard a débuté sa carrière en 1971 au Groupe Danone, où il a notamment été Directeur du Marketing d'Evian. Il rejoint ensuite (1982) le Groupe Prouvost, où il occupe le poste de Directeur Général de Département.

En 1985, il rejoint le Groupe Bongrain, dont il devient Président du Directoire après avoir occupé les fonctions de Directeur Général Europe de l’Ouest, puis Président du Directoire pour l'Europe.

En 2000, Michel Léonard rejoint le Groupe Lactalis en qualité de Président du Directoire, un poste qu'il occupe jusqu'en 2009.

Michel Léonard est Diplômé d‘HEC (1970) et du CEDEP/INSEAD (1981-1982). Il a notamment été juge consulaire près du Tribunal de Commerce de Nanterre (2010-2011). Il est notamment administrateur de Limagrain, Vandemoortele et de Kesa-Darty Electricals plc.

 

Original source: http://www.doux.com/

Sectors: Meat & poultry

Companies: Lactalis, Groupe Doux, Danone, Bongrain

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