CEO transition at CFS

06-12-2007 | |
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: “On 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 follow.”
Related links:
CFS (English, German and Russian)
In the picture: David Ryan

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