New Head For Iglo Group
Iglo Group, Europe’s leading frozen foods business, has appointed Elio Leoni Sceti as its new chief executive. He replaces Martin Glenn, who decided to step down as chief executive at the start of the year.
Elio Leoni Sceti has over 20 years of experience in the FMCG and media sectors. He served as CEO of EMI Music until 2010 while the company was under private equity ownership. During his tenure he led EMI’s transformation from a traditional record label into a growing consumer-led music company. He led the drive to build new digital platforms and utilised consumer insights to grow EMI’s sales and treble margins, in a market undergoing long-term structural decline.
Elio Leoni Sceti is currently Chairman of Zeebox, the leading second screen platform and since 2010 has built a portfolio of early stage social/web technology companies. He is an advisor to the Board of Anheuser-Busch Inbev, the leading global brewer, and he is a Counsellor at One Young World, the global forum of future leaders.
Interim chief executive Erhard Schoewel will revert back to his position as non-executive chairman.
With sales of over Eur1.5 bilion, IIglo Group sells its branded frozen food products in 11 countries. The group also distributes its products across many other markets in Central and Eastern Europe.
The group’s iconic brands of Birds Eye, Iglo and Findus (in Italy only) are household names, within frozen food. The UK, Italy, Germany and Austria are the group’s largest markets, representing approximately 85% of turnover. The business has a strong track record of bringing innovative products to the market, such as Bake to Perfection and Rice Fusions which transform the way people cook and eat frozen food.