16 January 2019 - Deborah Wilkes
Ricola has recruited Thomas Meier – previously chief executive officer of Franke Coffee Systems – as its new chief executive officer with effect from 1 May 2019.
Meier will take over from Felix Richterich who has managed the family-run herbal products company for 27 years including seven years in the dual role of chief executive officer and chairman.
Ricola stressed that the Richterich family would remain involved in the company's strategy and operation.
Felix Richterich will continue as chairman after 1 May 2019. In addition, Raphael Richterich has been appointed vice chairman in place of Eva Richterich who is the company's new chief marketing officer.
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