Focus on frozen


Stefan Descheemaeker

CEO, Nomad

Last ranked: -

Appointed CEO in May 2015, Descheemaeker has been entrusted by Wall Street legends Noam Gottesman and Martin Franklin to mastermind a frozen food consolidation play through the now NYSE-listed Nomad Foods.

After picking up Birds Eye owner Iglo for a cool £1.84bn in June, the £500m purchase of the European business of Findus quickly followed - a deal that Iglo had failed miserably to complete itself.

It’s early days and Descheemaeker has a big integration job ahead, with further acquisitions likely. Much of the value is expected to come from synergies but with growth too his position on this list would rise.

The Grocer's Power List 2016 reflects a sector in upheaval