FDBusiness.com

New Head For Iglo Group

 Breaking News
  • Bacardi to Acquire PATRÓN Tequila For $5.1 Billion Family-owned Bacardi, the largest privately held spirits company in the world, is expanding its portfolio of premium spirits with a definitive agreement to acquire 100% ownership of Patrón Spirits International and its PATRÓN® brand, the world’s top-selling ultra-premium tequila. The transaction, which is subject to customary closing conditions, follows the successful relationship the companies have [...]...
  • Tesco to Simplify Operational Structures Tesco has announced changes to simplify its operational structures to improve efficiency and give line managers clearer accountability for colleague and customer experience. As part of these changes, the role of People Manager and Compliance Manager will be removed from large stores and fulfilment centres in the UK. The role of Customer Experience Manager, present in [...]...
  • UK Consumers are Confused About Food and Health UK consumers think that information about diet and health is confusing, and they would rather believe the internet than a dietitian. In a survey of 2,000 consumers in the UK, US, Spain and Australia, conducted by New Nutrition Business, 79% said they find messages surrounding health, food and nutrition confusing. Because of changing dietary advice, more and [...]...
  • Putting the Maximum Mechanical Work in Your Mixing Process With a Minimum of Energy Consumption Packo Pumps in Belgium and Daniatech in Denmark have bundled their expertise in pump manufacturing and mixing and have set a new standard in high-shear pumps. The patented rotor-stator design was optimized with CFD and gives the pump an unrivalled energetic efficiency. The energy consumption is 40% to 50% lower compared to high-shear pumps of other [...]...
  • Serac Presents its New Aseptic Combox Serac has accomplished its objective to combine its PET linear blower (SBL) with its rotary weight filling machine in a single unit (under the trade name Combox). By the end of 2017, around fifteen Combox units have been installed in Europe, North America, South America and Asia. The Combox is now also available in an Aseptic [...]...

New Head For Iglo Group

New Head For Iglo Group
May 15
09:16 2015

Private equity firm Nomad Holdings has appointed Stéfan Descheemaeker as Chief Executive Officer, effective upon closing of its recently announced acquisition of Iglo Foods Group, which is expected to occur in the second quarter of 2015. Stéfan Descheemaeker will also serve as CEO of Iglo Group, replacing current CEO Elio Leoni Sceti. Iglo Group is Europe’s largest frozen food business with iconic brands including Birds Eye in the UK and Ireland, Iglo in Germany and other continental European markets, and Findus in Italy.

Mr. Descheemaeker will provide the strategic direction and day-to-day leadership necessary to achieve Nomad’s vision of building a portfolio of best-in-class consumer food companies. Working closely with co-founders Martin E Franklin and Noam Gottesman, Mr. Descheemaeker will implement Nomad’s growth strategy and oversee day-to-day operations and brand initiatives at Iglo Group.

Mr. Descheemaeker’s previous tenures in operational, finance, and executive roles make him a dynamic leader with a wealth of relevant industry experience. He recently served as Chief Financial Officer at Delhaize Group, a €20 billion international food retailer, before becoming CEO of its European division. In this capacity, he focused on delivering organic growth and driving cash flow generation. Earlier, as Head of Strategy & External Growth at Belgian-based Interbrew, he was responsible for managing M&A and strategy, which culminated in the merger of Interbrew and AmBev in 2004 to create the world’s largest brewer. At Interbrew (and later InBev), he held operational management roles as Zone President in the U.S., Central and Eastern Europe, and Western Europe.

He currently serves as a Non-Executive Director on the Board of Anheuser-Busch InBev, a position he has held since 2008. Mr. Descheemaeker holds a Master’s degree in Commercial Engineering, Business School, Brussels, Belgium.

IgloGroupLogoNoam Gottesman, Nomad’s Co-Founder, comments: “Stéfan’s background aligns with our aspirations to create a leading, global consumer foods company. He possesses a rare combination of food retailing and fast-moving consumer goods experience as well as a honed expertise in corporate M&A strategy. Martin and I are delighted to welcome him to Nomad and are confident he will be a key partner as we implement our build-up strategy. Bringing Stéfan on board at this juncture also provides for strong continuity in leadership at Iglo Group as he and Elio will work together to ensure a seamless transition.”

Stéfan Descheemaeker states: “I could not be more excited to join Nomad at the onset of its growth story. The initial investment in Iglo Group creates a solid foundation for us in the consumer foods space. Iglo Group’s brands evoke a strong sense of nostalgia for me, and I am personally looking forward to working with the talented teams to promote growth and innovation in the frozen foods category.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
  • January 28, 2018ProSweets Cologne (Int'l Sweets and Biscuits Fair)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements