Danone S.A. (DANOY) Presents At Barclays 18th Annual Global Consumer Staples Conference 2025 Transcript

Question-and-Answer SessionWarren AckermanBarclays Bank PLC, Research Division So Juergan, can we kick off with the new organization? Obviously, you're now operating from 3 geographies and you talk about improving the agility and market impact. Can you tell us a little bit about why that's the right thing to happen now? And you've also lost some high-profile execs like Shane Grant to Colgate and Christian to Givaudan. Is that a concern? I mean, who, for example, will be running U.S. EDP. So a little bit on ...