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.