Frederic Oriol, CEO of French processor Delpeyrat, has resigned from his position at the company, French-language media are reporting.
Oriol will be stepping down as of mid-July, L’Usine Nouvelle reported. The move comes as a surprise, with no official reason for Oriol’s departure given, although the publication speculated that Delpeyrat’s restructuring following “successive integration of several companies” may be to blame.
Oriol was in his position less than two years, hired as a replacement for departing CEO Thierry Blandinières, who personally named Oriol to succeed him.
