Michael Schai to Take Over as ARYZTA CEO

The Board of directors of ARYZTA AG has announced the appointment of Michael Schai as Chief Executive Officer of the Group effective January 1, 2025.

Michael Schai has a strong global track record in the food industry across Australia, Asia-Pacific and Europe. Urs Jordi will focus as of 2025 on his role as Board member and Chairman of ARYZTA AG after his 4-year tenure as interim CEO.

“The Board’s thorough succession planning process has resulted in the appointment of an outstanding candidate in Michael Schai,” according to ARYZTA AG Chair of the Governance, Nomination and Sustainability Committee, Alejandro Legarda.

“He has all the attributes that the Board sought during the lengthy recruitment process including strong leadership values, in depth knowledge of the food and bakery industry and commercial expertise in international markets. With these skills, the Board is confident that Mr Schai will continue to drive performance for ARYZTA.”

Find out more at: https://www.aryzta.com/