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Corbion nominates new CEO

Olivier Rigaud was nominated to succeed Tjerk de Ruiter as CEO of Corbion.

Corbion nominates new CEO
June 25, 2019

Corbion’s Supervisory Board has nominated Olivier Rigaud to succeed Tjerk de Ruiter as CEO of Corbion.  Upon his appointment, Olivier Rigaud will form the Board of Management of Corbion together with Eddy van Rhede van der Kloot who will continue as CFO (his current term runs until May 2022), a position he has held since 2014.

Olivier Rigaud, a French national with a Master's degree in Chemistry, brings deep knowledge and insight in the ingredients markets globally. He has operated in the sector for nearly 30 years, in significant leadership roles at Tate & Lyle and most recently as CEO at Naturex, until it was acquired by Givaudan in 2018. He has a solid track record of driving growth, profitability and shareholder value in a sustainable way, and transforming technologies into successful innovative products.

Chairman of the Supervisory Board, Mathieu Vrijsen said that "on behalf of the Supervisory Board, I would like to welcome Olivier to Corbion. We are delighted he will join Corbion, and are convinced he will be able to successfully lead Corbion through the next stage of its development as an innovative sustainable ingredient solutions company. We would also like to express our gratitude to Tjerk who has led Corbion since 2014 and delivered great results not only in raising the performance of Corbion in terms of profitability and growth but also in creating one culture from separate businesses."

Corbion CEO, Tjerk de Ruiter added that "it has been my privilege to lead Corbion during its foundational years, together with an excellent leadership team and great colleagues across the world. I am proud of the progress we have together made, building our position as a leader in its industries, innovative and sustainable in its practices, and last but not least, creating value for its shareholders. Corbion today is a global company, with a strong focus on customers and with a clear eye for our people and their development, and sustainability close at heart. I am looking forward to introducing Olivier to many of my colleagues across Corbion in the transition period."   

Tjerk de Ruiter will work closely with Olivier Rigaud to ensure a smooth transition and will remain available as advisor to Corbion until mid-May 2020 (when his contract of assignment expires).