LDC Announces CEO Succession

source: Louis Dreyfus Co. Holdings B.V.

Louis Dreyfus Co. Holdings B.V. (LDCH) announces that Ian McIntosh has decided to retire in September 2020, and that Michael (Mike) Gelchie will replace him as Chief Executive Officer, effective October 1, 2020.

“I want to thank Ian for his leadership and strategic vision during the last two years, during which he has steered LDC collectively in the right direction and been a great ambassador of the company, and I wish him all the best for the future,” said Margarita Louis-Dreyfus, Chairperson of the Supervisory Board of LDCH.

Louis-Dreyfus补充说：“我还想欢迎迈克（Mike）担任他的新职位，我们与他一起任命了一位强大的运营领导者，对交易和包容性管理技能有广泛的了解。”“在他担任首席运营官的运营领导下，LDC在Covid-19中有效地工作了，以继续为全球客户和消费者提供安全交付，并在上半年取得了巨大改良的表现。我相信Mike将成功地领导LDC通过其战略转型和创新，以进一步改善业务绩效。我和董事会期待与他紧密合作，并在他的努力中支持他。”

A U.S. national, Gelchie began his career within the Group in 1990, working in senior trading and management positions in its Sugar, Rice and Cocoa businesses, and assisting in the startup of Louis Dreyfus Investment Group in 2008, where he was a Senior Portfolio Manager. He left the Group in 2010 to pursue other opportunities, returning subsequently to LDC as Head of the Coffee Platform, before his appointment as COO in 2019.

“I am honored by this appointment as LDC’s CEO, and to have the opportunity to build on the company’s successful development over the past two years, as we continue to implement our ambitious growth strategy and reinforce our position as a leading industry player for the long-term,” said Gelchie.

Gelchie will serve as Deputy CEO over the coming months, working closely with Mr. McIntosh to complete a smooth and successful leadership transition.

“Reflecting on my 34 years with the Group, I am extremely grateful to have been a part of an amazingly professional, innovative and dynamic organization, and feel proud of what I have accomplished throughout this period,” said Ian McIntosh. “I am happy to retire knowing that the team at LDC is performing well, and that we have taken the time to identify and integrate our future CEO, whom I have known and worked closely with for many years, to drive forward LDC’s strategic plans.”