ROTTERDAM, NETHERLANDS — Louis Dreyfus Company B.V. (LDC), a leading merchant and processor of agricultural goods, announced on Dec. 18 the appointment of Patrick Treuer as chief financial officer (CFO), effective immediately.

    Treuer will report to Michael Gelchie, chief operating officer. Treuer remains a member of LDC’s senior leadership team and also retains his position as the company’s chief strategy officer.

A Switzerland native, Treuer joined LDC’s sister company Biosev in 2014 as head of strategy, a role he held until his appointment as head of strategy for LDC in 2015. Prior to joining the group, he worked for 15 years in investment banking, based in Switzerland and the U.K.

Former CFO Federico Cerisoli remains with the company and will focus on coordinating LDC’s cost-efficiency program, launched in November, reporting to Gelchie.

“I would like to thank Federico for his contribution to the company as CFO since September 2018,” Gelchie said. “He will continue to provide valuable support as we adapt to challenging market conditions, while we continue to implement our ambitious business strategy. I also take this opportunity to congratulate Patrick, who brings in-depth knowledge of the group and financial expertise that will serve him well in his new role.”