Former CEO Schoen Exits Board of Agri Trader Louis Dreyfus

erge Schoen, the former chief executive officer of Louis Dreyfus Co., has resigned as deputy chairman of the board at the commodity trading house. In addition to Schoen, Steven Wisch, a former Goldman Sachs Group Inc. partner who joined the Louis Dreyfus supervisory board in 2014, is also leaving, the Rotterdam-based company confirmed in an e-mailed statement. “These planned changes are in line with the group’s new strategic roadmap for the coming years,” Louis Dreyfus said. The company is responding to the “post-super cycle environment for the agribusiness industry, by placing increased emphasis on core business areas,” and also “ensuring even stronger alignment between corporate governance and senior management,” it said. The departure of Schoen, who managed the company through its most profitable years that saw net income surge to more than $1 billion in 2010 from just $70 million in 2005 when he became CEO, comes at a difficult time for the trading house.

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