JDE Peet?s announced that Fabien Simon, who has served as Executive Director of JDE Peet?s since September 2020, will depart the company on 1 April 2024. Luc Vandevelde will also become Chairman of the Board of JDE Peet?s after the next Annual General Meeting on 25 May 2024. Vandevelde, who has served as Lead Independent Director of JDE Peet?s since its listing, has extensive experience within the company as well as in the retail and FMCG sectors.

His previous roles include Chairman of Carrefour, Chairman and CEO of Marks and Spencer Group plc, and Senior Independent Director of Vodafone Group plc. He spent the first 24 years of his career with Kraft Foods, ultimately becoming CEO of Kraft Jacobs Suchard?s French and Italian operations. Olivier Goudet will remain on the Board as Non-Executive Director once Vandevelde assumes the role of Chairman.