GFM Network News


Ex-Dreyfus CEO leaves board in latest shakeup

Paris | Reuters — Global agricultural trader Louis Dreyfus Co. announced board changes on Thursday in which former CEO Serge Schoen will leave the group, another step in a leadership shakeup under main shareholder Margarita Louis-Dreyfus. Schoen oversaw rapid growth at the trading house as CEO between 2005 and 2013. Last year, Louis Dreyfus promoted […] Read more


Dreyfus family members reported asking to be bought out

London | Reuters –– Members of the founding family of Louis Dreyfus Commodities have asked the majority shareholder of the commodities trader to buy out most of their stake, Britain’s Financial Times newspaper reported Sunday. Quoting sources familiar with the situation, the newspaper said the family members had informed Margarita Louis-Dreyfus of their intention to […] Read more


Dreyfus’ commodities business posts higher 2014 profit

Paris | Reuters — Global trading group Louis Dreyfus Commodities reported a rise in full-year profit on Thursday as increased volumes and healthy processing margins helped offset lower market prices. Louis Dreyfus is one of the “ABCD” quartet of companies, alongside Archer Daniels Midland, Bunge and Cargill, that dominates agricultural commodity trading. The 164-year-old family-owned […] Read more