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The Dannon Company Announces New Chief Financial Officer
 
 
November 13, 2002
TARRYTOWN, NY
 
The Dannon Company, Inc., announced the appointment of Theo E. Razzouk to Chief Financial Officer. Theo will be responsible for strategic financial counsel and direction for the company's U.S. operations.

Just prior to joining Dannon, Theo was Vice President and Chief Financial Officer for Guinness Bass Import Company, where he led the finance department for Diageo's $800 million beer/flavored malt beverage business in North America. Prior to his role as CFO, he served as Director of Business Planning with responsibilities for strategic planning and decision support to the marketing, sales and operation functions.

Theo began his career in investment banking as a corporate finance analyst at Goldman Sachs. From there, he moved to Kraft Foods where he spent ten years managing various operations with the finance department for both retail and the foodservice business at Maxwell House.

Theo has his BS in business administration and finance from East Carolina University and received his MBA in finance/international business from the University of South Carolina - Columbia.

Celebrating its 60th anniversary, The Dannon Company, Inc., is a leading national producer of yogurt products in the United States with corporate headquarters in Tarrytown, NY, and plants in Minster, OH; Fort Worth, TX; and West Jordan, UT. With a strong commitment to high-quality, wholesome, nutritious and innovative products, Dannon produces about six million cups of yogurt each day in nearly 100 flavors, styles and sizes. For more information about Dannon, visit our Web site at www.dannon.com.