The event is happy, albeit unusual: Margarita Louis-Dreyfus, President of Louis Dreyfus Commodities, one of the largest commodity trading companies in the world, last week had twins – at the age of 53 years. the baby’s father is Philipp Hildebrand, 52, former head of the Swiss National Bank and now vice of the world’s biggest asset manager BlackRock in London. Even before birth, Louis Dreyfus Commodities had had indicated that the new maternity Margarita Louis-Dreyfus’ role as boss does not affect. You do after birth a short break. From the end of April they will be back in full perform their duties.
The message is clear: No one should be also indulge for a moment of illusion, the widow of the former Adidas chief Robert Louis-Dreyfus step into the background or would even give off power. No, the Russian wants to keep the reins in his hands – pregnancy, childbirth and motherhood or not. Belonging to a “supermajority” Such signals are important in a company where their claim to power was opposed long. Her husband Robert, who came recently in connection with the affair concerning the awarding of the 2006 FIFA World Cup in Germany in the headlines, had died from leukemia of 2009.
At that time, many in the few years younger and good-looking wife did not see much more than a mix of pretty playmate and Cricket on the Hearth. Her husband also underestimated their thirst: His plans called for them after his death, especially the administration of the estate for the purposes of the common three sons before. But the resulting after the death of the patron vacuum it soon came to power games, which the widow did not want to stand idly by. From the loving wife and mother was in record time an iron businesswoman or, as expressed by their biographer Elsa Conesa, a “fearsome regent” – determined, tough and a little squeamish.
The powerful CEO and confidant of her late husband, Jacques Veyrat, replaced them with managers of self-styled. Next she demonstrated their claim to power, as it in the company of 65 increased a year ago to share her family holding Akira to 80 percent, by taking over shares of sisters and nephew of Robert Louis-Dreyfus and thus his own words, a “super majority” secured. Our sector is changing rapidly, and it is time for us to open a new chapter in our 165-year history. Quite possible that they therefore are still not satisfied. As a board member of Louis Dreyfus Commodities betrayed, they aspire to the acquisition of the remaining 20 percent.
Time to push the stroller, Margarita Louis-Dreyfus, whose fortune is estimated at 2.5 to three billion euros, have little – in their company is at a crucial reconstruction phase. Given the low commodity prices the profit of Louis Dreyfus Commodities broke last year of 648 million dollars to 211 million dollars. Sales fell by 14 percent to 55.7 billion dollars. “Our sector is changing rapidly, and it is time for us to open a new chapter in our 165-year history”, she let herself recent quote in a release from the company. In this they also announced the immediate renaming of the Group in Louis Dreyfus Company.
When the name change will not remain. Even more are reports about Louis Dreyfus plans to concentrate mainly on the core activities and are looking for other areas strategic partners. Referring to several internal sources reported “Bloomberg”, the trade group would focus on the units cereals, oilseeds, cotton, sugar and coffee. The other business sectors such as dairy, fertilizer, orange juice and metal to be introduced in partnerships. Plausible this is also because some areas were already separated, as the metal trade, which will operate as an independent unit.
It is clear that the company wants to fundamentally reposition. Because of the competition in the industry is fierce. About one third of world trade in agricultural commodities worth annually over 1000 billion dollars controlled by only four companies, which are known as “ABCD Company”. The letters stand for Archer Daniels Midland (ADM), Bunge, Cargill and Louis Dreyfus Company. With around 22,000 employees Louis Dreyfus is among four of the smallest suppliers.
In September 2015 Margarita Louis-Dreyfus occupied the position of CEO with a man they trust. He’s Gonzalo Ramirez Martiarena and previously headed the Asian business. You ever, been President of Louis Dreyfus Holding, took over at the same time also at Louis Dreyfus Commodities Bureau.
In the world of large corporations to Margarita Louis-Dreyfus has rightly found quickly. This is also because they literally absorbs information and also listen to experienced people in their environment, stresses as a board member.
Among the important pillars includes her partner Philipp Hildebrand, whom she had met at the Davos World Economic Forum in January, 2013. According to the Zurich hotel owner Ljuba Manz, a close friend of Russian, Hildebrand is for Margarita Louis-Dreyfus in business matters a counselor. With its key position in the financial industry, he has the necessary knowledge and contacts. But, he pays meticulous care to leave no conflicts of interest between his tenure at BlackRock and the relationship to come up with Margarita Louis-Dreyfus. Hildebrand has learned his lesson, it was but the foreign exchange transactions of his ex-wife Kashya who engaged him as head of the Swiss central bank in a bad light and forced to abandon his post 2012 Design.