The Board of Directors for Novus International has named François Fraudeau as President and Chief Executive Officer (CEO) effective immediately. He replaces Thad Simons who is officially retiring as CEO and will become the Senior Executive Advisor to the Board.

“The Board is grateful for the tremendous leadership and guidance provided by Thad over his many years with Novus,” said Mr. Katsurao Yoshimori, Senior Vice President of Mitsui & Co. (USA), Inc. “Novus has achieved unprecedented success under his direction and we are proud to have had his leadership.” Novus is privately owned by Mitsui & Co. and Nippon Soda Co., Ltd.

“Going forward there is no better leader for Novus than François Fraudeau,” noted Thad Simons, member of the Board of Directors. “François is a proven leader with extensive experience in the feed additive industry and ability to bring people together.”

During his career with Novus, Fraudeau has held various positions in Europe, Asia and the USA and has extensive knowledge of methionine and other core Novus technologies. “Novus is a unique company with a truly global footprint in the animal nutrition space, and I am honored to be chosen to lead this company forward,” said Fraudeau. “We have great opportunities in front of us as we deliver on the next chapter in Novus’s continuing legacy of helping to feed the world affordable, wholesome food and achieve a higher quality of life by making a clear difference in sustainably meeting the growing need for nutrition and health.”