Louis Dreyfus Co. is shaking up top trading jobs as one of the world’s largest agricultural commodities merchants seeks to turn around its struggling business, according to internal memos seen by Bloomberg.
The firm, led by Russian billionaire heiress Margarita Louis-Dreyfus, has named new heads of soybeans, corn, wheat and meals as a part of a move to create a combined grains and oilseeds platform, it said in a memo.
The company also brought in a new head of coffee and appointed a new leader to develop trading of other grains such as barley, sorghum and pulses.
According to Bloomberg, Ian McIntosh, who last year became Louis Dreyfus’ fifth chief executive officer in five years, has said the firm was seeking partners to buy equity and help it expand in emerging markets.
