Departure of Danone food chief will be closely watched in Ireland
Emmanuel Faber had come under pressure as sales and margin growth underperformed some of Danone's rivals in recent years. Picture: Lucas Schifres
Danone has said that Emmanuel Faber would step down as chairman and CEO, ejected by the group's board after the Activia yoghurt maker faced growing calls from some shareholders to replace him.
The departure will be closely watched here because Danone makes baby food in Cork and Wexford, which it sells into China and other markets.
