People: Novus names new CEO
Novus International, have recently announced that its Board of Directors has appointed François Fraudeau as President and Chief Executive Officer (CEO) effective immediately. Fraudeau previously held the position of Chief Operating Officer (COO). Thad Simons will retire from CEO and become the Senior Executive Advisor to the Board.
“The Board is grateful for the tremendous leadership and guidance provided by Thad over his many years with Novus. Novus has achieved unprecedented success under his direction and we are proud to have had his leadership. We are further pleased to announce that Thad will continue as Senior Executive Advisor to the Company,” remarked Mr. Katsurao Yoshimori, Senior Vice President, Mitsui & Co. (USA).
“Going forward there is no better leader for Novus than François Fraudeau,” noted Thad Simons, member of the Board of Directors. “François is a proven leader with extensive experience in the feed additive industry and ability to bring people together.”
“Novus is a unique company with a truly global footprint in the animal nutrition space, and I am honored to be chosen to lead this company forward,” noted Fraudeau. “We have great opportunities in front of us as we deliver on the next chapter in Novus’s continuing legacy of helping to feed the world affordable, wholesome food and achieve a higher quality of life by making a clear difference in sustainably meeting the growing need for nutrition and health.”
“The Board is excited about Novus’s growth going forward under François’ leadership,” noted Mr. Yoshimori. “We are pleased with this advancement in his placement as CEO and anticipate great future with the focus that he brings to the organisation.”
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