Royal DSM has announced that after 20 years on the managing board and almost 13 years as CEO, Feike Sijbesma has decided to step down as CEO and hand over the company’s leadership, as he seeks to pursue other business and personal roles. Sijbesma will formally hand over his responsibilities as CEO on Feb. 15, 2020 to his successors, Geraldine Matchett and Dimitri de Vreeze, and will remain employed by DSM until May 1, 2020, to ensure a smooth transition.
As co-CEOs, Matchett and de Vreeze will maintain the focus on business performance, financial discipline, innovation, sustainability, and people, as DSM continues its journey. Specifically, Matchett will focus on financial management and capital markets communication, capital allocation, talent and culture development, as well as digital strategy and new ways of working. de Vreeze will focus on operational delivery, customer centricity, driving growth and efficiency, as well as innovation and R&D programs. In conjunction with their co-CEO role, Matchett will retain her responsibilities as CFO and de Vreeze will hold the COO responsibilities.
Matchett joined DSM as CFO and managing board member in 2014, while de Vreeze joined the company in 1990, has held multiple business roles, and has been managing board member since 2013.
Gathered Foods, makers of Good Catch plant-based seafood products, announced the closing of a $32 million series B funding round, which includes two key industry investors: Greenleaf Foods and 301 INC, the venture arm of General Mills.
U.S. quick-service restaurant (QSR) chains, which represent the bulk of industry transactions, had four consecutive weeks of transaction increases in the retail month of December and were the primary contributor to the total industry gains in the month, according to The NPD Group.
A study published in the journal Food Quality and Preference shows that the surface texture of food products may change consumers’ perceptions of the product and promote healthy eating.
About half of the U.S. adult population will have obesity and about a quarter will have severe obesity by 2030, according to a study led by Harvard T.H. Chan School of Public Health.
The International Food Information Council (IFIC) Foundation has published five trends for food and nutrition in 2020.