DAVY VIEW

Givaudan has announced it 2030 strategy, which includes an ambition to deliver annual like-for-like (LFL) revenue growth of 4-6%, which compares with the previous target of 4-5%. Congruently, Givaudan has announced its Chief Executive Officer (CEO) and Chair transition. After an illustrious 30-year career at Givaudan, Gilles Andrier will retire as CEO, effective March 1st 2026, and will be proposed as the new Chair at the AGM in 2026. Christian Stammkoetter, current President Asia, Middle East & Africa at Danone, will become CEO, effective March 1st 2026.  Givaudan’s decision to appoint a CEO from outside the organisation is a significant development.