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JAB Investors appoints JDE Peet’s directors and CFO

JAB Investors has appointed Denis Hennequin, Stuart MacFarlane, Aileen Richards and Luc Vandevelde as non-executive directors of Jacobs Douwe Egberts (JDE) Peet’s.

Denis Hennequin is the founding partner of French Food Capital and a founder of The Green Jersey consulting firm. He began his career at McDonald’s in Paris and advanced through the organisation to be named President and Managing Director of McDonald’s France. After that, he had the distinction of being the first non-American to serve as president of McDonald’s Europe.

Stuart MacFarlane joined the Whitbread Beer Company in 1992, which was later acquired by Interbrew and, subsequently, Anheuser-Busch InBev (ABInBev). He gained his first general management role as Managing Director for the company’s business in Ireland and was appointed President of ABInBev UK & Ireland in 2008. In 2011, Mr. MacFarlane became a member of the Global Executive Board of Management, serving as President of Central & Eastern Europe and later President of Europe & the Middle East from 2014 to 2019.  MacFarlane currently serves as a director of Nomad Foods.

Aileen Richards was a senior global executive with Mars until 2015. As Executive Vice-President, Richards was responsible for the Human Resources strategy for the company’s 85,000 associates and led Mars Global Services. She is currently an independent non-executive director on several boards, including Mars Netherlands, Pret A Manger, and Samworth Brothers.

“At JAB, we believe in world-class governance and board expertise across industries and geographies. The attractiveness of JDE Peet’s as a business is demonstrated by our ability to welcome highly qualified individuals who have agreed to be appointed as non-executive directors of the business,” says Olivier Goudet, JAB Investors’ Managing Partner and Chief Executive Officer.

In addition, JAB announced the appointment of Scott Gray as Chief Financial Officer of JDE Peet’s, effective 24 February 2020.

“Scott’s experience with the capital markets and in managing global financial operations make him the ideal executive to lead the JDE Peet’s finance operation,” says Casey Keller, Chief Executive Officer of JDE Peet’s.

JDE Peet’s is one of the world's largest pure-play coffee and tea groups, serving approximately 130 billion cups of coffee and tea in 2019 across more than 100 countries in developed and emerging markets.

JDE Peet’s established portfolio – of more than 50 leading global, regional, and local coffee and tea brands – includes Peet's, Jacobs, L’OR, Senseo, Tassimo and TiOra, Douwe Egberts, Stumptown, Super, Pilão, OldTown, Moccona, Mighty Leaf, and Pickwick, as well as Maison du Café in France, Marcilla in Spain, Harris in Australia, and Bravo in Greece.

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