Yvon Guerin resigns as CEO today following July announcement.

Yvon Guerin resigns as CEO today following July announcement.

Parmalat, the Italian dairy giant majority-owned by France's Lactalis, today (12 September) named Jean-Marc Bernier as its CEO and general manager.

Bernier has been employed by Lactalis since 1995, holding positions in France and Italy, where he served as CEO of Gruppo Lactalis Italia.

He replaces Yvon Guerin, 52, who Parmalat said in July was resigning for personal reasons but would continue his career at Lactalis under a different assignment.

Guerin, who has worked at Lactalis since 1990, had taken the helm at Parmalat in 2011 when the French group acquired control of the business.

The announcement of Bernier's appointment came today in a statement approving Parmalat's full results for the first six months of 2017.

Parmalat also indicated it is having difficulty passing on rising milk costs to customers.

For 2017 as a whole, at constant exchange rates and the scope of consolidation - and when excluding Venezuela - Parmalat expects its net revenue and EBITDA to grow "within 1%".