The decision comes as Barry Callebaut nears completion of its sweeping BC Next Level transformation program - an initiative that has reshaped the group’s cost base, operating discipline and balance sheet during one of the most volatile periods the chocolate industry has ever faced.
A Board-Led Transition at a Turning Point
In a statement accompanying the announcement, Chairman Patrick De Maeseneire said the Board conducted an extensive global search before selecting Schumacher, citing his “unique blend of expertise in food, B2C/B2B and ingredients” and a track record of shareholder value creation.