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Ausnutria is getting more and more Yili blood
Dairy company Ausnutria is already 70% owned by fellow Chinese company Yili. Recently, however, the board has also increasingly been filled with managers from Yili.
In September, a new CEO was appointed from Yili's stable: Ren Zhijian. His predecessor Yan Weibin retired. This move was accompanied by the simultaneous resignation of two other managers. A number of top managers were also given other positions. This week, another veteran of Ausnutria has been replaced by a manager from the Yili stable.
The same thing happened earlier this month at Ausnutria in the Netherlands. New Zealander Richard Hickson was appointed as the new CEO. He is also a Yili manager.
His task is to shape the reorganization plan at Ausnutria Netherlands. The company has become increasingly difficult in recent years, mainly suffering from faltering exports to China.
Klaas van der Horst
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