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Louis Dreyfus Company Holdings B.V. appoints two new Board members
Published: May 14, 2018

ROTTERDAM, THE NETHERLANDS, 14 May 2018 – Louis Dreyfus Company Holdings B.V. announced today the appointment of two new members to its Supervisory Board, effective immediately.

The new Board members are Messrs. Marwan Shakarchi and Victor Balli.

“Our new Board members bring a variety of expertise and experience in their respective fields, and I am delighted to welcome them to the Group,” commented Margarita Louis-Dreyfus, Chairperson of Louis Dreyfus Holding. “After efforts to optimize its portfolio and operating model in recent years, LDC is increasingly turning its focus to new horizons and pursuits, as we work towards a sustainable and successful future. The time is right, therefore, to reinforce our governance structure, always striving for the highest standards of professionalism, and ensuring strong alignment with the Group’s senior management on our strategic ambitions and roadmap for the coming years,” she added.

Marwan Shakarchi is Chairman of the Board and Chief Executive Officer of MKS (Switzerland) S.A. and of PAMP S.A., and a member of the Board of MMTC-PAMP India Pve Ltd., all companies of the MKS PAMP GROUP, an industrial and trading services group. He is also a member of the Board of Concord Resources Ltd., and an international consultant to the Shanghai Gold Exchange. Mr. Shakarchi holds a degree in Economics (Finance and Multinational Enterprise major) from Wharton School of the University of Pennsylvania, US.

Victor Balli is a member of the Boards of Directors of Givaudan S.A., CEVA Logistics AG, KWS SAAT SE, and the Swiss Federal Audit Oversight Authority (FAOA). Between 2007 and 2018, he also served as Chief Financial Officer at Barry Callebaut AG, leading manufacturer of cocoa and chocolate. Mr. Balli holds a Master’s degree in Chemical Engineering from the Swiss Federal Institute of Technology (ETH), and a Master’s degree in Economics from the University of St. Gallen, Switzerland.

Dr. Jörg Wolle, who served on the Supervisory Board since 2014, retired from the Board in February 2018. “On behalf of the Board and management of LDC, I would like to express my gratitude to Dr. Wolle for his excellent service, commitment and many contributions to our company’s work,” said Mrs. Louis-Dreyfus.

The Supervisory Board of Louis Dreyfus Company Holdings B.V. therefore now consists of Margarita Louis-Dreyfus (Non-Executive Chairperson), Jean-René Angeloglou, Michel Demaré, Mehdi El Glaoui and Andreas Jacobs, in addition to the new members announced today.

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