Swiss chocolate company: Lindt & Sprüngli dismisses CEO Lechner
The chocolate bunny manufacturer is suffering from expensive cocoa prices and the hot summer. Now, an old acquaintance is supposed to ensure a turnaround.
Lindt & Sprüngli is parting ways with CEO Adalbert Lechner due to the company's struggles with growth. The Swiss chocolatier's board believes a new leadership is necessary to get the company back on track. Dieter Weisskopf, the former CEO, will take over as interim leader, effective immediately, and will focus on reviving the European business.
Lindt & Sprüngli has lowered its sales forecast twice this year, citing high cocoa prices and a decline in sales volume, particularly in Germany, Switzerland, and the UK. A permanent successor to Lechner will be announced in the second quarter of 2027.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Lebensmittel: Lindt & Sprüngli trennt sich von Konzernchef Lechner handelsblatt.com