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Danone further strengthens governance to support 'Local First' adaptation plan Paris Stock Exchange:BN


Danone further strengthens governance
 
Creation of a new Strategy and Transformation Committee to monitor progress on adaptation plans
 
Gilles Schnepp, Ariane Gorin and Susan Roberts proposed as new independent members
Cécile Cabanis appointed Vice-Chair of the Board
70%+ independent rate and gender parity expected after 2021 AGM  
In the recent weeks, Danone announced key steps to unlock future growth and margin expansion and increase value creation, including ‘Local First’ - a plan to shift to a locally-grounded organization. As part of its continuous assessment of the way the Board of Directors works together with the Executive Committee to ensure the delivery of sustainable value creation, Danone announces today several decisions related to Board’s composition and organization to reinforce the governance of the company. ....

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