CEO transition at CFS
John-Ole Hansen has decided to bring forward his
desired and planned transition out of day-to-day management in order to pursue
his increasing personal interests outside the company.
This decision, made together with the Supervisory Board, comes after nearly
14 years of conceiving, building, leading and growing CFS to become the leading
global supplier of equipment and systems to the convenience food industry.
Hansen will join the Supervisory Board of CFS where he will retain a keen
interest and ownership stake in the business, and be able to provide his
experience and insights to the benefit of the company.
David Ryan who is currently Chairman of the Supervisory Board is proposed
to become CEO. After a brief transition period to assist David Ryan, Hansen will
end his day-to-day involvement in the company effective 31 December.
A Shareholder meeting will be convened in the near future to formalise the
change of CEO and appoint a new Chairman of the Supervisory Board.
David Ryan said: â€œOn behalf of the Supervisory board I would like to thank
John-Ole for the tremendous achievements of CFS during his tenure. John-Ole led
CFS with bold vision, strong determination and a passion for customer-value. We
have a great platform to build upon, and a powerful example for his successor to
German and Russian)
In the picture: David Ryan
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