Rigaud is expected to remain at the helm for the next seven months, giving Corbion a transition period before the new CEO takes over after the May 2027 AGM.
The ingredient, Verdad Essence WH150, provides formulators with a natural preservation solution that helps maintain product freshness while supporting taste and texture.
The product is formulated to help bakers preserve the appearance of sweet baked goods as regulatory pressure on titanium dioxide intensifies across multiple markets.
The company reported a remarkable 26.7% organic growth in Adjusted EBITDA, alongside a substantial 63.3% increase in earnings per share (EPS).