PARIS, France (Reuters) — Margarita Louis-Dreyfus has tightened her control over Louis Dreyfus Commodities and said solid 2014 profit of US$648 million showed the trading group could take its time in its search for a new chief executive officer.
She brushed off concerns about a CEO vacuum that was prolonged when the appointment of Mayo Schmidt, the former head of Viterra, suddenly fell through in December.
She said her family trust, Akira, had raised its stake in Louis Dreyfus Holding to 80 percent from 65 percent.