Hochdorf appoints Sandro Tichelli as new CEO

Oliver Banz will serve as interim CEO until Tichelli officially assumes his position.

SWITZERLAND – Hochdorf, a Swiss-based producer of milk powder, baby food and nutritional supplements, has announced the appointment of Sandro Tichelli as its new chief executive officer, effective 1 January 2026.

Tichelli brings more than two decades of leadership experience in the international food and beverage industry, joining Hochdorf from Danone, where he held a range of senior positions.

He succeeds Ralph Siegl, who has led the company since 2022. Under Siegl’s leadership, Hochdorf successfully navigated its spin-off and sale to AS Equity Partners in 2024.

“I am very excited to take on the role of CEO,” said Tichelli. “The company has excellent products, strong brands and great potential.”

In a statement, the board stated: “Following the completion of this transition phase, we want to lead Hochdorf to renewed international growth. We are confident that Sandro Tichelli, with his dynamic personality, extensive management experience and deep understanding of the international food market, is the ideal CEO to achieve this.”

Until Tichelli officially assumes his position in January, Oliver Banz, head of portfolio management at AS Equity Partners, will serve as interim CEO.

Danone announces changes in leadership

Recently, Danone announced its leadership structure will operate through three geographies, reporting to Véronique Penchienati Bosetta, effective January 1, 2026.

Pablo Perversi will lead EMEA, Bruno Chevot will lead Asia-Pacific, and Henri Bruxelles will lead the Americas.

The appointment news comes as Christian Stammkoetter, currently President for Asia, Africa and the Middle East (AMEA), has decided to leave Danone to pursue a new challenge, after 19 years with the company. He will remain in his role until the end of the year.

Antoine de Saint-Affrique, Danone CEO, said, “As part of the next chapter of our Renew Danone strategy, we have decided to further accelerate our transformation, with a more compact and simpler organisation at the top of the company. These changes help us move forward with even greater focus and agility.

“Although Christian Stammkoetter will be with us until the end of the year, on behalf of all of us at Danone I would like to thank him for his leadership and dedication to Danone over the last two decades. We all wish him every success in his next role.”

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