Serge Schoen Resigns as CEO of Louis Dreyfus Commodities

Serge Schoen, chief executive officer of Louis Dreyfus Commodities, decided to resign with effect from the end of this month, the company said.

Ciro Echesortu, the chief operating officer and head trader since 2009, was appointed the new CEO, Louis Dreyfus said in a statement e-mailed today. Schoen will join the parent company, Louis Dreyfus Holding B.V., in an advisory capacity and will remain a member of the supervisory board of Louis Dreyfus Commodities Holdings, it said.

“Under Serge’s and Ciro’s leadership, our team has brought the company to its leading position in agribusiness globally,” Margarita Louis-Dreyfus, chairperson of the Louis Dreyfus Group, said in the statement. “The company is now well positioned to continue its impressive trajectory.”

To contact the reporters on this story: Isis Almeida in London at ialmeida3@bloomberg.net; Luzi Ann Javier in Singapore at ljavier@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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