Olivier Rigaud Appointed as Naturex CEO

22 Jul 2014 --- Naturex, the global leader in specialty plant-based natural ingredients, informs its shareholders that its senior management has been reinforced by the appointment of Mr. Olivier Rigaud as Chief Executive Officer.

With a degree in Chemistry, Olivier Rigaud, 50 years old, began his career with Amylum (starch) in 1988, subsequently acquired by Tate & Lyle, a British-based multinational and global provider of ingredients for the agribusiness industry, and has served as President of its Speciality Food Ingredients division since 2010. With 26 years of experience in the field of ingredients both within a medium-sized company as well as in a group with an international dimension, Olivier Rigaud stands out as a person of value who will be capable of leading the development of Naturex with passion and energy.

For that reason, on the proposal of its Chairman and following the favourable opinion issued by the Nominating and Compensation Committee, the Company's Board of Directors decided to strengthen the company's senior management through this major appointment.

Thierry Lambert, Chairman of the Board of Directors, will assist Olivier Rigaud in fulfilling his new functions, commencing in the fall and will continue to occupy an executive role in spearheading the company and its strategy.

"It is with great pleasure and satisfaction that I welcome Olivier Rigaud as Naturex's Chief Executive Officer. His recognised knowledge of our business and his qualities as a person make him an ideal candidate and I am very much looking forward to working with him as a team in pursuing Naturex's development", commented Thierry Lambert, Chairman of the Board of Directors.

Olivier Rigaud added: "I am delighted and proud of having been given this opportunity to join Naturex, an international group that has already achieved a number of successes and that continues to pursue ambitious goals, and I am looking forward to contributing to its future successes in this new role."

Naturex is the global leader in speciality plant-based natural ingredients. The Group is organised around three strategic markets (food & beverage, nutrition & health and personal care) and produces and markets speciality plant-based ingredients for the food, nutraceutical, pharmaceutical and cosmetic industries.

Naturex's head office is based in Avignon. The company employs 1,600 people with 8 sourcing offices located throughout the world and high-performance manufacturing operations in Europe, Morocco, the United States, Brazil, Australia and India. It also has a global commercial presence through a dedicated network of sales offices in more than 20 countries.