Planned Organisational Changes ARYZTA North America: Tyson Yu appointed CEO

John Heffernan appointed President and Chief Commercial Officer

16-Jan-2020 - Switzerland

ARYZTA AG announces, as part of a planned organisational evolution, that Tyson Yu has been appointed as CEO of ARYZTA North America effective 1 February and as a member of the Group Executive Committee, reporting to Kevin Toland, Group CEO. Dave Johnson assumes the role of Non-Executive Chairman of ARYZTA North America. John Heffernan has been appointed as President and Chief Commercial Officer North America, reporting to Tyson Yu.

Tyson Yu (37) is currently Chief Operations Officer of ARYZTA North America and has been with ARYZTA for 10 years in various roles, previously as President of Canada, Head of Strategy North America, Head of Strategy and Acquisitions of Fresh Start Bakeries before taking up his current position as North America Chief Operations Officer two years ago. Prior to this, Tyson worked in private equity and investment banking and is a graduate of Georgetown University with a Bachelor of Science in Mathematics and Economics.

John Heffernan (49) is currently Group Chief Strategy Officer ARYZTA AG and has been with ARYZTA since March 2018. He will remain on the Group Executive Committee. Prior to joining Aryzta John had senior positions as Chief Development Officer in daa plc, as founder and CEO of Clearpower and AER, in private equity with Boundary Capital and worked with McKinsey and Company. John has a Bachelor of Commerce from UCD, a MSc from LSE and an MBA from Insead. In his new role as President and Chief Commercial Officer John will be responsible for Commercial, Innovation and Strategy for North America.

Commenting on the announcement, ARYZTA AG Chief Executive Officer Kevin Toland said: “I would like to thank Dave for his leadership and contribution in refocusing our North American business in the past 2 years, improving our customer focus, restructuring and reorganising the region and successfully launching Project Renew. I am pleased that he will continue to stay involved with the Group. Tyson has signifi-cant experience in our business in various geographic, operational and functional roles in North America over the past decade. John has been deeply involved in the commercial, innovation and strategy development across the Group. I wish them both every success in their new roles.”

Dave Johnson added: “I believe it is a logical time for me to transition into this new role and look forward to working closely with Tyson and John.”

https://www.yumda.com/en/news/1164435/planned-organisational-changes-aryzta-north-america-tyson-yu-appointed-ceo.html