Dear subscribers,
I only failed in my epistolary duty for a week - and I apologize for it - but that was enough for the subject mentioned in my previous letter finds its epilogue: Danone announced on Monday the departure with immediate effect of its CEO Emmanuel Faber.
It’s a shock.
Because he is an emblematic boss and a symbolic company.
But this is no surprise.
As I wrote to you two weeks ago, the compromise attempted by the board of directors in early March - keeping Emmanuel Faber as president, but forcing him to immediately search for a new CEO - was too unstable to bring back the serenity in this group.
Emmanuel Faber has been CEO of Danone since 2014, CEO since 2017. CHRISTIAN HARTMANN / REUTERS
This case is exciting in many ways.
It has left the isolation of experts and amateurs of the economic thing.
On France Inter Tuesday morning, it is the political columnist Thomas Legrand who went there for his column.
Symptomatic.
Faber was more than his role as boss, more than his company;
he
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