Global Report

Sunday, Nov 01, 2026

Focus on the big picture

Danone CEO Faber ousted: "a short term win for activist investors that puts profit before purpose"

FRANCE24, 16 Mar 2021

Was it a case of putting short term profits ahead of long term sustainability goals? The ouster of Emmanuel Faber as chair and CEO of Danone could come back to haunt the French food giant, warns Mark DesJardine, Assistant Professor of Strategy and Sustainability at Pennsylvania State University’s Smeal College of Business.

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