Sign in Subscribe
Chairpersons

Givaudan Announces Leadership Transition with Christian Stammkoetter as Designated CEO and Gilles Andrier Set to Retire in 2026

Strategic Insights

— 1 min read

Givaudan, a global leader in Fragrance & Beauty and Taste & Wellbeing, has announced that Gilles Andrier, the company's Chief Executive Officer for the past 20 years, will retire in March 2026. Christian Stammkoetter, President Asia, Middle East & Africa at Danone, has been designated as his successor, effective March 1, 2026. Under Gilles Andrier's leadership, Givaudan experienced significant growth, with sales tripling and market capitalization rising from CHF 5.8 billion to CHF 36.6 billion between 2004 and 2024. The company's Chairman, Calvin Grieder, will step down from the Board at the 2026 Annual General Meeting (AGM) after 12 years of service and will propose Gilles Andrier for election as the new Chairman.

Key Takeaways:

  • Gilles Andrier will retire as Chief Executive Officer of Givaudan in March 2026 after 20 years in the role, with Christian Stammkoetter, President Asia, Middle East & Africa at Danone, as his designated successor.
  • Under Gilles Andrier's leadership, Givaudan grew from 5,900 employees in 2004 to 16,900 employees in 2024, with sales tripling and market capitalization rising from CHF 5.8 billion to CHF 36.6 billion.
  • Calvin Grieder, Chairman of the Board of Directors, will step down from his role at the 2026 AGM after 12 years of service and will propose Gilles Andrier for election as the new Chairman.
  • Christian Stammkoetter brings over 25 years of global experience in fast-moving consumer goods, spanning multiple geographies and industries, and has a proven track record of driving sustainable growth and value creation.
  • Gilles Andrier has been instrumental in shaping Givaudan's strategic vision and has fostered a culture of innovation and creativity, inspiring colleagues around the world.

Statistics:

  • 20 years: Gilles Andrier's tenure as Chief Executive Officer of Givaudan
  • 30 years: Gilles Andrier's total service to Givaudan
  • 5,900: Number of Givaudan employees in 2004
  • 16,900: Number of Givaudan employees in 2024
  • CHF 5.8 billion: Givaudan's market capitalization in 2004
  • CHF 36.6 billion: Givaudan's market capitalization in 2024
  • 25 years: Christian Stammkoetter's experience in fast-moving consumer goods

Sources:

  • Givaudan Original Press Release: Aug. 27
  • Givaudan: www.givaudan.com
  • Contify.com

Read more