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Danone, which said the move followed “a phase of active dialogue with shareholders”, said it was setting up a strategy committee to monitor the progress of its global plan to adapt its business to the COVID-19 crisis.
Last month, Danone unveiled plans to cut up to 2,000 jobs, trim product ranges and reorganise its global business to become leaner and more agile in a post-COVID environment.
Danone announced in October that Cabanis would leave her previous role as chief finance officer in February and would be replaced by Juergen Esser, but Cabanis will now remain to take on the new role as non-executive vice chairman.
