Symrise

New CEO appointment

  • Sectors : Foods
  • Companies : Symrise

Ratings and price correct at time of issue.

  • Symrise

    Closing Price: 9470c

  • RATING 24/03/20

  • PREVIOUS RATING 15/01/19

    NEUTRAL

DAVY VIEW

After 15 years at the helm of Symrise, Dr Heinz-Jürgen Bertram has announced his retirement. The retirement comes earlier than expected as Dr. Bertram’s current contract runs until October 2025. He was a talismanic leader and was responsible for the execution of the Pet Food strategy, which transformed the group and created substantial value for shareholders. He will be replaced by Dr Jean-Yves Parisot, the current head of the Taste, Nutrition & Health division. The appointment comes at a time of margin challenge for the group. Dr. Parisot will become CEO of Symrise, effective as of March 31st 2024.

Download full report with analyst certification and important disclosures

Feb 29 2024, 14:35 GMT

Download