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Godiva appoints new CEO

By Oliver Nieburg+

24-Jun-2014

Godiva's new head: Mohamed Elsarky
Godiva's new head: Mohamed Elsarky

Yildiz Holding has appointed Mohamed Elsarky to run its Godiva Chocolate business.

Elsarky, Godiva’s current head of international operations, replaces Jim Goldman, who left his post in January.

In addition to his role as CEO Elsarky will continue in his current position. 

Turkish conglomerate Yildiz Holding acquired Godiva for $850m in 2008 from the Campbell Soup Company. Sales have since grown 10% per year for the Godiva business to reach $765m in 2013.

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