A senior director at Wessanen has left the business after the Dutch food group’s largest shareholder did not back his appointment as the company’s new sole chairman in a rejigged executive structure.
Delta Partners, which, according to Wessanen, owns between 25% and 30% of the company, was “unwilling to reconfirm its support” for the appointment of Frans Koffrie as chairman of the Bjorg organic food owner.
Go deeper with GlobalData
Koffrie had been chairman of Wessanen’s supervisory board. Wessanen had wanted to move from a business with supervisory and management boards to one with a single board.
Delta Partners’ opposition led Koffrie to withdraw his candidacy for the positions of non-executive director and chairman at today’s (24 January) extraordinary shareholders meeting.
The announcement was issued this morning (24 January), just hours before Wessanen’s EGM to vote on the changes to the way the company is run.
A spokesperson for Wessanen said Delta Partners had not disclosed the reasons for its opposition to the move.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAsked if Wessanen had felt frustrated at Delta Partners’ decision, the spokesperson said it was “clear” the company had “hoped” to move to one board.
However, he said Wessanen was looking to the future under the stewardship of new CEO Christophe Barnouin, whose appointment was confirmed at the EGM.
