Press Release: Management Change at EIT Food

25 October 2018 South News Other related news EIT Food announced today that Mr. Filip Fontaine will complete his role as interim CEO and that Dr. Andy Zynga will become its permanent CEO effective November 18, 2018.

Press Release: Management Change at EIT Food
Leuven, 25 October 2018 – EIT Food announced today that Mr. Filip Fontaine will complete his role as interim CEO and that Dr. Andy Zynga will become its permanent CEO effective November 18, 2018. Filip will work closely with Andy to make the handover process as smooth as possible. 
Jan Delcour, ad-interim Chairman of the Supervisory Board, said: “On behalf of the entire Supervisory Board, I would like to express our gratitude to Filip for his work for EIT Food. He stepped in at short notice for an interim time period during which he has led EIT Food, giving true commitment to the organization and its different stakeholders. The Board is happy that Filip has agreed to take up a role as advisor to the Supervisory Board for a period ending on January 31 of next year. “ 
Filip Fontaine said: “I have truly enjoyed my time at EIT Food and in the coming weeks will further lead it in a passionate way. I will then execute a smooth handover to my successor. I wish Andy the best of luck with his challenging and rewarding mandate as next CEO. I look forward to following the continued success of EIT Food and its many different stakeholders.” 
Jan Delcour added: “The Supervisory Board takes great pleasure in welcoming Dr.  Andy Zynga as the new CEO. Andy was appointed from a very strong short list of high quality applicants. His extensive experience in food innovation on a global scale will be a valuable asset to EIT Food going forward.” 
Andy Zynga has a Master’s degree that combines Business Administration and Mechanical Engineering from the Technical University of Berlin, and he earned a Doctorate’s Degree with a thesis on (Open) Innovation Management from RWTH Aachen. Andy built and turned around several businesses in Europe and the USA, and most recently engineered a successful exit for Open Innovation Service Leader NineSigma, which he ran for 10 years. Other stations in his career include 6 years at KPMG Consulting, where he built an international telecommunication strategy practice, and 5 years at Vanco plc, where as CEO North America and Central Europe he was part of the Executive team that took the business public on the London Stock Exchange. 
Andy Zynga said: “I have a deep appreciation for the challenges and opportunities in the Global Food Sector from my previous work as CEO of Open Innovation Service Firm NineSigma, where Food and Beverages was and is the largest client group. I truly believe that Europe has all the ingredients in place to make its food industry the global leader in consumer-focused innovation and associated business growth. I am looking forward to working with the team at EIT Food, including the Supervisory Board, and all Stakeholders, to build on successes and quickly expand value creation across the entire food industry value system in Europe.”   

For more information, please contact: 

Giovanni Colombo  Senior Public Affairs Manager +32 (0)473 844 903  

About EIT Food

EIT Food is Europe’s leading food innovation initiative, with the aim to create a sustainable and future-proof food sector. The initiative is made up of a consortium of key industry players, start-ups, research centres and universities from across Europe. It is one of six Knowledge and Innovation Communities (KIC) established by the European Institute for Innovation & Technology (EIT), an independent EU body set up in 2008 to promote innovation and entrepreneurship across Europe. EIT Food aims to collaborate closely with consumers to develop new knowledge and technology-based products and services that will ultimately deliver a healthier and more sustainable lifestyle for all European citizens. 
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