Barry Callebaut CEO Exit Follows Split Over Cocoa Strategy
Barry Callebaut’s chief executive has exited the company following internal disagreements over the future structure of its cocoa operations, according to a report. The departure comes as the chocolate maker faces record cocoa prices driven by supply shortages and weak harvests in West Africa. It said senior leaders were divided over whether to separate cocoa sourcing from chocolate production, raising broader questions about how the company should manage commodity risk and preserve its integrated business model during prolonged market volatility.