08.06.2011 • News

Tom Knutzen, Soren Bjerre-Nielsen to Resign from Danisco

Photo: Tom Knutzen, Soren Bjerre-Nielsen to Resign from Danisco
Danisco CEO Tom Knutzen
Danisco CEO Tom Knutzen
Danisco CFO Soren Bjerre-Nielsen
Danisco CFO Soren Bjerre-Nielsen

Danisco said on Wednesday that both its CEO Tom Knutzen and CFO Soren Bjerre-Nielsen will resign from June 17 in agreement with U.S chemicals group DuPont. After an uncertain time of negotiation, DuPont was able to win its $6.4 billion battle for Danisco in May, with 92.2% of the Danish food ingredients maker's shares tendered in support of a deal. Shortly after, the company announced it had begun a squeeze-out of minority shareholders .

 

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