Switzerland's Barry Callebaut , the world's biggest chocolate maker, on Wednesday appointed Peter Feld as its new chief executive and cut its full-year sales guidance as inflation-hit customers reduced purchases.
April 5 - Switzerland's Barry Callebaut
Feld succeeds CEO Peter Boone, who is stepping down for personal reasons, with immediate effect, the company said. Feld previously held the top position at Jacobs Holding, Barry Callebaut's biggest shareholder. "We chose a prudent approach in the current market environment, reflecting a slightly lower capex," Chief Financial Officer Ben De Schryver said on a conference call with analysts.
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