Thursday, February 10, 2022

Lactalis ceo is gone

Philippe Palazzi is gone from his job as chief executive officer of Lactalis which owns Parmalat, one of the largest dairy processing companies in Canada.

He apparently had disagreements with owner and billionaire Emmanuel Besnier, nicknamed the “King of Cheese” and the “Emperor of Milk” according to Bloomberg news agency.

Lactalis is one of the world’s largest dairy firms with annual sales estimated $22.6 billion US.

Besnier, the company’s president and primary shareholder, and his two siblings own all of Lactalis, the world’s largest maker of cheese.

Recently Danone, another global dairy business, appointed a new ceo.