Danone ousts CEO after pressure from activist investor groups

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FRANCE 24 English published this video item, entitled “Danone ousts CEO after pressure from activist investor groups” – below is their description.

Emmanuel Faber has been ousted from his positions as #Danone’s CEO and chairman of the board under pressure from Bluebell Capital and Artisan amid a falling share price and weak sales at the French yogurt and water giant. In other news, China’s economy surges back in the first two months of 2021, and French beverage makers try bulk sales to consumers to make up losses from bar and restaurant closures.

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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