PR83703

PARIS, April 16, 2020 /PRNewswire=KYODO JBN/ --

The Consumer Goods Forum (CGF) announces that Peter Freedman will step down as

Managing Director (MD) after leading the organisation for more than six years.

His successor will be Dr Wai-Chan Chan, currently senior partner and co-leader

of the retail and consumer goods practice at Oliver Wyman. At the end of a

planned induction process, Mr Freedman will hand over his responsibilities as

MD on 1st June 2020.

Peter Freedman joined the CGF as MD in January 2014. Ozgur Tort and Emmanuel

Faber, Co-Chairs of the CGF Board of Directors, said, "The Board is deeply

grateful to Peter for his leadership over the past years. During his tenure,

the CGF has grown into a unique force in the industry, enabling CEO-led

collaboration between the world's manufacturers and retailers to drive positive

change. He has also built a great team of CGF staff, while delivering continued

membership growth and a sound financial position. He leaves an organisation

that is well positioned to support the industry through the many challenges and

opportunities ahead, including the implications of the current pandemic."

Peter Freedman commented, "Leading the CGF has to be one of the best jobs in

the world. It has been a privilege to work with so many industry chief

executives who passionately believe that consumer businesses must be a force

for good and are prepared to commit enormous amounts of time and leadership

energy to driving positive change together. I would like to thank the many

executives in our member companies around the world, who by participating in

our working groups and networking events make the power of collaboration a

reality. Lastly, I would like to thank the CGF Management Committee and all

members of the staff for giving so much of themselves to the CGF and for being

such fun to work with."

Wai-Chan Chan brings to the role more than 25 years of retail and CPG

experience globally, with a particular focus on Asia and Greater China. At

Oliver Wyman, he has served clients in the grocery, health and beauty,

speciality retail and property industries, on a broad range of strategic,

operational and organisational issues. Prior to joining Oliver Wyman, Dr Chan

has been a partner at McKinsey & Company, a director at OC&C Strategy

Consultants and the North Asia Regional Director for the retailer Dairy Farm

where he ran the Wellcome, 7-Eleven and Mannings banners. He has also served as

a non-executive director, most recently on the board of Bellamy's Organic, a

leading infant nutrition supplier based in Australia.

Ozgur Tort and Emmanuel Faber commented, "Wai-Chan Chan's experience, character

and leadership skills qualify him very well to lead the CGF into its next phase

of development. With the establishment of our new Coalitions of Action

governance model, the CGF is now even better placed to help the industry drive

greater collective impact across our agenda of positive change. Its ability to

convene industry CEOs and senior executives also makes it a uniquely valuable

forum to share best practices, as we are discovering right now, in the midst of

the COVID-19 crisis. Post crisis, all the signs are that the CGF's agenda will

play an even more central part in securing consumer trust in the industry."

Wai-Chan Chan said, "Having been involved with the CGF over the past few years,

I have been able to see first-hand the power and potential of this organisation

to bring the industry together and to be a force for good, in Asia as well as

elsewhere in the world. Much progress has been made, but there is still a great

deal to be achieved and I am excited by the prospect of stewarding the

organisation to the next level of stakeholder impact and to weather the

challenges being posed over the next couple of years."

About The Consumer Goods Forum

The Consumer Goods Forum ("CGF") is a global, parity-based industry network

that is driven by its members to encourage the global adoption of practices and

standards that serves the consumer goods industry worldwide. It brings together

the CEOs and senior management of some 400 retailers, manufacturers, service

providers, and other stakeholders across 70 countries, and it reflects the

diversity of the industry in geography, size, product category and format. Its

member companies have combined sales of EUR 3.5 trillion and directly employ

nearly 10 million people, with a further 90 million related jobs estimated

along the value chain. It is governed by its Board of Directors, which

comprises more than 50 manufacturer and retailer CEOs.

For more information, please visit: www.theconsumergoodsforum.com.

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Source: The Consumer Goods Forum