ROTTERDAM, THE NETHERLANDS, 10 July 2013 – Margarita Louis-Dreyfus, Chairperson of the Louis Dreyfus Group, has been appointed Chairperson of the Supervisory Board of Louis Dreyfus Commodities Holdings B.V., effective immediately.
Mrs. Louis-Dreyfus has served as a member of the Supervisory Board since 2011. Mehdi El Glaoui, who has held the chairmanship over the last two years, will stay on as Deputy Chairperson.
“The appointment of Mrs. Louis-Dreyfus to the chairmanship illustrates the Supervisory Board’s ambition to continuously improve governance at the highest levels of the Group,” commented Mr. El Glaoui. “The Board is delighted that Mrs. Louis-Dreyfus has accepted this new responsibility. Through her leadership, she will contribute to plotting a course for the Group and defining the company’s future success.”
“I am honored to accept this appointment and would like to thank the Board for their confidence, also expressing my deepest appreciation for Mehdi’s excellent service to date”, stated Mrs. Louis-Dreyfus. “I will ensure we continue our trajectory of implementing best practices in key areas of Louis Dreyfus Commodities, as we rise to the challenges ahead with the same intensity and speed.”