Danisco CEO, CFO Stepping Down
June 8/Copenhagen/Reuters -- Danisco said its top management would resign later this month following U.S. chemicals group DuPont's (DD.N) takeover of the group for $6.4 billion in May.
The Danish food ingredients and enzymes maker said chief executive Tom Knutzen and chief financial officer Soren Bjerre-Nielsen would resign from Danisco with effect from June 17.
The company is expected to be delisted from the Copenhagen stock exchange in June after a final general meeting of Danisco shareholders. DuPont has yet to decide whether to keep the Danisco brand name.
From the June 8, 2011, Prepared Foods' Daily News.
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