A few weeks away from a crucial general meeting for Danone's future, tension is at its height within the board of directors.
"The knives are drawn",
summarizes an observer of the fight between the CEO, Emmanuel Faber, and some administrators.
Behind the scenes, the negotiations are intense before the council scheduled for Sunday evening.
Two subjects are on the agenda, starting with the resolutions presented to the general meeting of April 29.
The shareholders will have to vote on the proposals of new directors, the mandate of 6 of the 16 members of the board coming to an end.
Another hot issue on Sunday's board menu, the selection process for Danone's future CEO, with the creation of an ad hoc committee of directors and the appointment of two headhunter firms.
Read also:
Danone: funds hostile to CEO Emmanuel Faber denounce his continued presidency
“Emmanuel Faber is very reassured,
assures a relative of the council.
He tries to marginalize the administrators who are against him, even to push them to resign.
He does not speak
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