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Barry Callebaut AG (BARN.S)

BARN.S on Swiss Exchange

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Summary

Name Age Since Current Position

Andreas Jacobs

53 2009 Non-Executive Chairman of the Board

Antoine de Saint-Affrique

52 2015 Chief Executive Officer, Member of the Executive Committee

Patrick De Maeseneire

59 2015 Non-Executive Vice Chairman of the Board

Victor Balli

60 2009 Chief Financial Officer, Member of the Executive Committee

Dirk Poelman

55 2012 Chief Operating Officer, Member of the Executive Committee

Carole Meur

2016 Chief Human Resource Officer, Member of the Executive Committee

Roland Maurhofer

General Counsel, Corporate Secretary

Peter Boone

46 2015 Member of the Executive Committee, Chief Innovation, Quality & Sustainability Officer

Massimo Garavaglia

55 2015 Member of the Executive Committee, President EMEA

David Johnson

60 2009 Member of the Executive Committee, Chief Executive Officer and President Americas

Steven Retzlaff

53 2013 Member of the Executive Committee, President Global Cocoa

Fernando Aguirre

59 2013 Non-Executive Director

Jakob Baer

72 2010 Non-Executive Director

James Donald

62 2008 Non-Executive Director

Nicolas Jacobs

34 2012 Non-Executive Director

Wai Liu

48 2014 Non-Executive Director

Timothy Minges

58 2013 Non-Executive Director

Andreas Schmid

59 2014 Non-Executive Director

Juergen Steinemann

58 2015 Non-Executive Director

Evelyn Nassar

Head of Investor Relations

Biographies

Name Description

Andreas Jacobs

Dr. Andreas Jacobs is Non-Executive Chairman of the Board of Directors of Barry Callebaut Ltd since August 2009. He has been Non-Executive Member of the Board since 2003 and Chairman since December 2005. From June 2009 until August 2009, he served as Interim Chief Executive Officer of the Company. Since 1992, Mr. Jacobs has been Independent Entrepreneur with a stake in several companies, including Minibar AG, Baar, and Acentic GMBH, among others, plus minority interests in several other companies. From 1991 to 1993, Mr. Jacobs served as Consultant and Project Manager at The Boston Consulting Group in Muenchen, Germany. He has also been Chairman of Jacobs Holding AG, Chairman of Infront Sports & Media AG and Member of the Board of Adecco SA. He is Chairman of Triventura AG and Minibar AG. Furthermore, he is President of Niantic Holding GmbH, Germany, and Member of the Board of Directors of various small private companies. He is also Member of the Advisory Board of Dr. August Oetker KG and since January 2015 Chairman of INSEAD. Mr. Jacobs studied Law at Albert-Ludwigs-Universitaet Freiburg im Breisgau, Ludwig-Maximilians-Universitaet Muenchen and Universite de Montpellier and subsequently obtained a Postgraduate degree in European Competition Law from Albert-Ludwigs-Universitaet Freiburg (the University of Freiburg) im Breisgau. Afterwards he obtained an MBA degree from INSEAD in Fontainebleau.

Antoine de Saint-Affrique

Mr. Antoine Bernard de Saint-Affrique is Chief Executive Officer and Member of the Executive Committee of Barry Callebaut Ltd since October 1, 2015. From September 2011 until September 2015, he served as President Unilever Foods and Member of Unilever’s Group Executive Committee. Prior to this, Mr. de Saint-Affrique was Executive Vice President of Unilever’s Skin category. From early 2005 to mid 2009, he was Executive Vice President for Unilever’s Central and Eastern Europe region. Before joining Unilever in 2000, Antoine was Marketing Vice President and a Partner at Amora Maille. He served as a reserve naval officer between 1987 and 1988. He has a degree in business administration from ESSEC (1987) in Paris, and a qualification in executive education from Harvard Business School. Since 2004, he has led the marketing course at Mines ParisTech (Corps des Mines).

Patrick De Maeseneire

Mr. Patrick G. De Maeseneire is Non-Executive Vice Chairman of the Board of Barry Callebaut Ltd since December 9, 2015. He resigned from the position of Member of the Senior Management Team and Chief Executive Officer of Barry Callebaut AG with effect from June 1, 2009, where he served as of June 1, 2002. Before joining Barry Callebaut, he held positions with Adecco S.A., Wang Belgium, Apple Computers and Arthur Andersen (Consulting). He trained as a commercial engineer at the University of Brussels (Universite Libre de Bruxelles) and studied marketing management at Ghent University and business management at the London Business School (a college of the University of London) and INSEAD, Fontainebleau.

Victor Balli

Mr. Victor Balli is Chief Financial Officer and Member of the Executive Committee (before November 2009 known as Senior Management Team) of Barry Callebaut Ltd since November 2009. Prior to that, he served as Member of the Senior Management Team and Chief Financial Officer of the Company from February 2007. Prior to that, he had been working for Minibar since 1996. He began his career at Minibar as Chief Financial Officer and additionally held the position of Chief Executive Officer EMEA as of 2005. During this time, he also served as Chief Financial Officer and Board Member of several Niantic group companies. From 1991 to 1995, he has worked as Principal with Adinvest AG. From 1989 to 1991, Mr. Balli has served as Director of Corporate Finance with Marc Rich & Co. Holding in Zug, Switzerland. He started his professional career in 1985, working as Financial Analyst and Business Development Manager at EniChem International SA in Zuerich and Milan. Mr. Balli holds a Masters degree in Economics from Universitaet St. Gallen and a Masters degree as Chemical Engineer from the Swiss Federal Institute of Technology in Zurich (Eidgenoessische Technische Hochschule Zuerich).

Dirk Poelman

Mr. Dirk Poelman has served as Chief Operating Officer and Member of the Executive Committee (before November 2009 known as Senior Management Team) at Barry Callebaut Ltd since December 3, 2012. From June 12, 2012 till December 3, 2012 he served as Chief Operating Officer, Member of the Executive Committee and Chief Innovation Officer ad interim at the Company. Prior to that, Mr. Poelman acted as Chief Operating Officer (COO) and Member of the Executive Committee of the Company from November 2009. He became Company’s COO in September 2006. Since 1984, he has been working with Callebaut in various positions and countries: first as Engineering Manager, then as Production Manager, Operations Director and Chief Manufacturing Officer. In 1997, he became Executive Vice President Operations responsible for the operations of the total Group and Member of the Senior Management Team. In 2004, he was appointed Vice President Operations and Research & Development.

Carole Meur

Ms. Carole Le Meur is Chief Human Resource Officer, Member of the Executive Committee of Barry Callebaut Ltd since April 1, 2016. From 2008 until joins the company, she worked with Baxter Healthcare, Inc. From 2008 to 2013, she was Vice President Human Resources EMEA based in Zurich, In 2014 she served as Vice President Human Resources Asia Pacific and Vice President Human Resources Intercontinental for Baxalta Incorporated prior to the spin-off from Baxter, with HR responsibility for the fast growth markets such as Latin America, Brazil, Russia, Turkey and Asia Pacific. From 2002 to 2008, Carole Le Meur held several Global VP HR positions at Aventis, a leading European healthcare company, including Vice President Staffing Aventis Pasteur, Vice President Human Resources Global Industrial Operations and R&D France, among others.

Roland Maurhofer

Dr. Roland Maurhofer is General Counsel, Corporate Secretary of Barry Callebaut Ltd.

Peter Boone

Mr. Peter Boone is Member of the Executive Committee, Chief Innovation, Quality & Sustainability Officer of Barry Callebaut Ltd since November 2015. He served as Member of the Executive Committee and Chief Innovation & Quality Officer since June 24, 2013. He was Chief Innovation Officer and Member of the Executive Committee at the Company from December 3, 2012. From November 2010 to December 2012, Mr. Boone worked with Unilever as Chief Marketing Officer responsible for Australia and New Zealand. He was a member of the regional executive board. In his function as Chief Marketing Officer (CMO), he was responsible for the marketing of all brands in all categories in Australia and New Zealand. Mr. Boone started his career at the Information Services division of ITT Corp., where he worked in various marketing roles. In 1996, he joined Unilever as a Strategy Analyst at the Head Office in Rotterdam (The Netherlands). Mr. Boone also held other positions at Unilever such as Global Vice President Spreads & Cooking Products Category, Global Vice President Brand Development at the Unilever Headquarters in Rotterdam, the Netherlands, and Vice President Marketing & Sales Latin America Foods Solutions based in Sao Paulo, Brazil. He holds a Doctorate in Business Administration (PhD) from the Erasmus University in Rotterdam (Erasmus Universiteit Rotterdam).

Massimo Garavaglia

Mr. Massimo Garavaglia is Member of the Executive Committee and President EMEA at Barry Callebaut Ltd since October 1, 2015. He was Member of the Executive Committee and President of Western Europe at the Company from November 2009. Prior to that, he served as Member of the Senior Management Team and President of Western Europe at the Company from June 1, 2009. Prior to this position, he served as Member of the Senior Management Team and President Americas, from September 2006 till May 1, 2009. He also served as Member of the Senior Management Team and President of Food Manufacturers from September 10, 2004 till September 2006. He was also co-responsible for Americas until August 2009. From 1990 till 1992, he served as Sales Manager for an Italian food products importer. He joined Callebaut Italia SpA in 1992, and has served as Country Manager for Italy. After the merger between that company and Cacao Barry in 1996, he was the Company's Country Manager for Italy until 2003. From 2003 until September 2004, he has served as Manager Mediterranean Countries/Middle East/Eastern Europe. He holds a Masters degree in Economics and Business Administration from Universita Bocconi in Milan, Italy.

David Johnson

Mr. David S. (Dave) Johnson has been Member of the Executive Committee and Chief Executive Officer and President Americas of Barry Callebaut Ltd since November 2009. Prior to that, he served as Member of the Senior Management Team and Chief Executive Officer (CEO) and President Americas at the Company from May 1, 2009. Before joining the Company, he served as Chief Executive Officer and Member of the Board of Michael Foods Inc. From 1986 till 2006, he served at Kraft Foods Global Inc, where he held several senior positions in different divisions, including marketing, strategy, operations, procurement and general management. His last position was President Kraft North America and Corporate Officer Kraft Foods Global Inc. He started his career at RJR Nabisco in 1980. Mr. Johnson is Member of the Board of Directors of Arthur J. Gallagher & Co. He holds both a Bachelor’s and Master’s degree in Business from the University of Wisconsin.

Steven Retzlaff

Mr. Steven Retzlaff is Member of the Executive Committee and President Global Cocoa at Barry Callebaut Ltd since August 2013. He was Member of the Executive Committee (before November 2009 known as Senior Management Team) and President Global Sourcing and Cocoa of the Company from November 2009. Prior to that, he served as Member of the Senior Management Team and President of Global Sourcing & Cocoa at the Company from January 2008. Mr. Retzlaff started his career in 1987 at KPMG Peat Marwick in San Francisco, the United States, as Auditor. From 1990 to 1993, he worked as Supervising Audit Senior and Audit Manager for KPMG Fides in Zuerich, Switzerland. He then joined JMP Newcor AG in Zug, Switzerland, as Director of European Finance and Operations, where he worked for three years. Mr. Retzlaff joined Barry Callebaut AG as Chief Financial Officer of Barry Callebaut Sourcing AG in 1996. From 1999 to 2001, he served as Chief Financial Officer Swiss Operations (Barry Callebaut Sourcing AG and Barry Callebaut Switzerland AG). From 2001 to 2003, he served as Chief Financial Officer of the business unit Cocoa, Sourcing & Risk Management and, from 2003 to 2004, he worked as the Cocoa Division Head. In 2004, he was appointed President Sourcing & Cocoa and Member of the Senior Management Team. From September 2006 until January 2008, he focused on developing the Group's global compound business. Mr. Retzlaff is a Certified Public Accountant (CPA) and holds a Bachelor of Arts in Economics from Whitman College (Pricetown University). He also studied at the Institute of European Studies in Madrid and at Institut Europeen d'Administration des Affaires (INSEAD) in Fontainebleau.

Fernando Aguirre

Mr. Fernando G. Aguirre is Non-Executive Director at Barry Callebaut Ltd since April 22, 2013. He serves as Member of the Nomination and Compensation Committee at the Company. In his career, he served as Chairman and CEO of Chiquita Brands International Inc. from 2004 until 2012. Prior to Chiquita, Mr. Aguirre worked in various management positions for more than 23 years at The Procter & Gamble Co, such as President of Special Projects, President of the Global Feminine Care business unit, Vice President of Global Snacks and U.S. Food Products business units, Vice President of Laundry & Cleaning Products, Latin America, and Regional Vice President, Latin America, North. At present, Mr. Aguirre is Member of the Board of Directors of Aetna Inc., where he serves on the Audit Committee and also on the Nominating and Governance Committee. He was recently elected to serve on the Board of Coveris. He also served on the Board of Levi Strauss & Co. from 2010 to 2014, on the Board of Coca Cola Enterprises from 2005 to 2010, and as Member of the International Board of the Juvenile Diabetes Research Foundation from 2006 to 2012. He is Member of the Board of the Procter & Gamble Alumni Association and also Member of the Advisory Council of the Bechtler Museum of Modern Art in Charlotte, North Carolina. At present, he is the owner and CEO of the Erie Seawolves professional baseball team, an affiliate of the Detroit Tigers. He is also Vice Chairman of the Myrtle Beach Pelicans an affiliate of the Chicago Cubs. He holds a Bachelor of Science in Business Administration from Southern Illinois University Edwards-ville and earned Harvard Business School graduate status in 2009.

Jakob Baer

Dr. Jakob Baer is Non-Executive Director at Barry Callebaut Ltd since December 7, 2010. He has been Chairman of the Audit, Finance, Risk, Quality & Compliance Committee at the Company since December 8, 2011. He started his career in 1971 at the Federal Finance Administration. From 1975 until 1991, he was with Fides Group, where he held various positions, including Consultant, Head of Legal Department, Branch Office Manager Zurich, and Member of the Division Management Advisory Services. During 1991/1992, Dr. Baer led the planning and execution of the management buyout of the Advisory Services unit of Fides Group, which became part of KPMG Switzerland. He was Member of the Executive Committee of KPMG Switzerland from 1992 until 1994. From 1994 to 2004, he held the position of Chief Executive Officer of KPMG Switzerland and was a member of KPMG’s European and International Leadership Boards. Dr. Baer was Counsel at Niederer Kraft & Frey AG, attorneys at law, Zurich, Switzerland, from 2004 to 2009. He served as Member of the Board of Directors of Adecco from 2004 until April 2012, of Swiss Re and of Allreal Holding AG, each from 2005 until April 2014. He is Chairman of Staubli Holding AG and Member of the Board of Directors of Rieter Holding AG and IFBC AG, all in Switzerland. He was admitted to the bar (1971) and subsequently obtained a doctorate degree in law (Dr. iur.) from the Universitaet Bern.

James Donald

Mr. James L. (Jim) Donald is Non-Executive Director of Barry Callebaut Ltd since December 4, 2008. He was Member of the Nomination and Compensation Committee at the Company and has been its Chairman since December 8, 2011. He served from October 1996 to October 2002 as Chairman, President & Chief Executive Officer of Pathmark Stores, Inc. Prior to that time, he held a variety of senior management positions with Albertson’s, Inc., Safeway, Inc. and Wal-Mart Stores, Inc. From October 2002 to March 2005, Mr. Donald served as President of Starbucks, North America. He was also President & Chief Executive Officer of Starbucks Corporation from April 2005 to January 2008. Furthermore, Mr. Donald served as President and CEO of Haggan, Inc. from September 2009 until March 2011. Then, from February 2012 until August 2015, he served as CEO of Extended Stay. From 2008 until June 2013, he also served as a Board Member of Rite Aid Corporation. He graduated with a Bachelor’s degree in Business Administration from Century q, Albuquerque, New Mexico.

Nicolas Jacobs

Mr. Nicolas Jacobs has been Non-Executive Director of Barry Callebaut Ltd since December 5, 2012. He serves as Member of Audit, Finance, Risk, Quality & Compliance Committee at the Company. He started his career at Goldman Sachs in 2006. In 2007, he joined Barry Callebaut as a Trader in the Global Sourcing & Cocoa business unit. As of 2008, he acted as Managing Director of the cocoa and chocolate operations of Barry Callebaut in South America. From 2011 until 2014, he served as a Senior Director for Global M&A and Development for Burger King Corporation, a subsidiary of Restaurant Brands International Inc. Since 2015, he has been Managing Partner of Consumer Investment Partners (CIP) AG, Zug, a private equity company focused on investments in the consumer goods space. Furthermore, Mr. Jacobs has been Board Member of Jacobs Holding AG since 2008 and has served as Executive Co-Chairman since April 2015. He holds Masters degree in Law from the University of Zurich, a Master of Finance of London Business School and he obtained a Master of Business Administration from INSEAD in Fontainebleau.

Wai Liu

Ms. Wai Ling (Winnie) Liu has been Non-Executive Director of Barry Callebaut Ltd since December 10, 2014. She is Member of the Nomination & Compensation Committee at the Company, She started her career as Executive Trainee with the Swire Group, a UK Conglomerate in Hong Kong. From 1992 until 1999, she worked for Nestle in Hong Kong, lastly as National Sales Head. She then served for Mars (Effems Food) China from 1999 until 2004, where she held several positions in Sales, Marketing and Key Account Management. From 2005 until 2007, she served as Regional Managing Director Southeast Asia (Singapore, Malaysia, Thailand, Philippines, and Indonesia) of adidas, where she was responsible for Total Business including Retail, Wholesale, Production and Supply Chain. In 2008, she joined Tesco China, which operates over 130 hypermarkets and 14 express shops and employs more than 26,000 staff. She first started as Chief Marketing Officer, then was appointed President for a Region, and last served as Chief Operating Officer. After Tesco, Winnie became the CEO of ENZO jewelry chain stores (Luxury Retail) in Greater China, from 2013 until 2015. Ms. Liu graduated with a Bachelor’s degree in Social Sciences, a Major’s degree in Management Studies and a Minor in Economics & Psychology from the University of Hong Kong in 1990.

Timothy Minges

Mr. Timothy Edward Minges is Non-Executive Director of Barry Callebaut Ltd since April 22, 2013. He is Member of the Audit, Finance, Risk, Quality & Compliance Committee at the Company. He is currently Senior Vice President Chief Customer Officer, PepsiCo North America Beverages and Member of PepsiCo’s Executive Committee. He has been working with PepsiCo for the past 32 years and was, until 2013, responsible for the entire PepsiCo operations throughout greater China. He joined PepsiCo in 1983 in the finance department of Frito-Lay North America and was promoted to a series of roles in finance, sales and general management. He moved to Asia in 1994 as General Manager of Frito-Lay Thailand and later assumed a series of roles, including President Asia Pacific 1999–2003. Timothy sits on the Board of the North American Coffee Partnership, a PepsiCo joint venture with Starbucks. He formerly served on the Boards of Tingyi-Asahi Beverage Holding Co Ltd, Calbee Foods Japan, as well as two listed companies, Pepsi-Cola Philippines and Serm Suk Thailand. He holds a Bachelor of Science in Accounting from Miami , Oxford, Ohio, and has completed the Pepsi Executive Development Program at Yale School of Management.

Andreas Schmid

Mr. Andreas Schmid is Non-Executive Director at Barry Callebaut Ltd since December 10, 2014. Prior to that, he was Non-Executive Vice Chairman of the Board of Directors of the Company from December 2005. He is Member of the Audit, Finance, Risk, Quality & Compliance Committee at the Company. He served as Non-Executive Chairman of the Board of Directors from June 1, 2002 till December 2005. He also served as Chairman of the Board, President and Chief Executive Officer of the Company from 1999 till June 1, 2002. He joined the Company's Board in 1997. He was appointed Chief Executive Officer of Jacobs Holding AG in 1997. He started s career at Union Bank of Switzerland in 1984. Following a position as Assistant to a Swiss industrialist, he served as Chief Executive Officer and Managing Director of Kopp Plastics (Pty) Ltd in South Africa from 1989 till 1992. He then served at Jacobs Group in various staff and line functions until 1993. From 1993 till 1997, he served as President of Moevenpick Consumer Goods Division and Member of the worldwide Group Executive Board of Management. From 2002 till 2006, he served as Chairman of the Board of Kuoni Travel Holding AG. He also served as Member of the Board of Adecco SA, from 1999 till 2004, and as Member of the Advisory Board of Credit Suisse Group from 2001 till 2007. Mr. Schmid has been Executive Chairman of Oettinger Davidoff Group, Chairman of the Board of Directors of Flughafen Zurich AG and gategroup Holding AG and Member of the Board of Directors of Karl Steiner AG. He holds a Master’s degree in law and studied economics at the Universitaet Zurich.

Juergen Steinemann

Mr. Juergen B. Steinemann is Non-Executive Director of Barry Callebaut Ltd since December 9, 2015. He served as Non-Executive Vice Chairman of the Board from September 30, 2015 until December 9, 2015. He was Member of the Executive Committee, Chief Executive Officer and Non-Executive Vice Chairman of the Board at the Company from December 10, 2014 and prior to that, he acted as Chief Executive Officer and Member of the Executive Committee (before November 2009 known as Senior Management Team) from November 2009. Prior to that, he served as Member of the Senior Management Team and Chief Executive Officer of the Company from August 1, 2009. Before joining the Company, he served as Member of the Executive Board of Nutreco and as Chief Operating Officer since October 2001. From 1999 till 2001, he served as Chief Executive Officer of Unilever's former subsidiary Loders Croklaan. From 1990 till 1998, he served at former Eridania Beghin-Say Group, where he held various senior positions in business-to-business marketing and sales, ultimately in the Corporate Plan et Strategie unit at the Head Office in Paris, France. Since April 2014, he has been Member of the Board of Directors of Lonza Group AG and since September 2015 he has served as Member of the Board of Directors of Metro Group AG. He graduated from Economics/Business studies at European Business School in Wiesbaden, Germany, London and Paris in 1985.

Evelyn Nassar