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Updated / Tuesday, 15 Dec 2020 15:00 Urs Jordi was elected as chairman of Aryzta at its remotely held AGM today Shareholders of Irish-Swiss baked goods maker Aryzta have elected a chairman who has previously spoken out against a takeover. This comes after a deadline on an 800 million Swiss franc approach from Elliott Advisors expired last week.  Urs Jordi was elected as chairman of the struggling company, which produces McDonald s burger buns, at its remotely held annual general meeting today. Mr Jordi has said now is not the time for Aryzta to consider selling up, instead favouring a restructuring of the company, whereas some previous board members favoured a takeover.

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