Tereos fails to find a new captain

DECRYPTION – The waltz of leaders continues at the sugar giant, which announced on Tuesday the departure “by mutual agreement” of its new general manager Ludwig de Mot. Either the third leader in less than two years.

Less than two years after the forced and shattering departure of its chairman of the executive board Alexis Duval at the end of 2020, then of his successor Philippe de Raynal in February 2022, the waltz of managers continues at Tereos. On Tuesday, the sugar producer known for its brands Beghin-Say and La Perruche, which achieves 5 billion euros in turnover, announced the non-renewal “from a common agreementby Ludwig de Mot. Arrived at the presidency of the executive board of the group (became the general management) last April, he will officially leave his functions this Friday.

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