Orkla has appointed Harald Ullevoldsæter as its new chief financial officer, effective 1 March 2020, to replace Jens Bjørn Staff.
Ullevoldsæter, 56, returned to Orkla earlier this year after having served as CFO of meat products supplier Nortura since 2014.
From 1996 to 2014, he held a range of executive finance positions at Orkla, including finance director and member of the management team of Orkla Brands and Orkla Brands Nordic.
Ullevoldsæter will succeed Jens Bjørn Staff, 52, who has served as Orkla CFO since 2014. Staff has decided to resign from his position to become CEO of utility company Skagerak Energi.
“I want to thank Jens Staff for his valuable contribution to Orkla in the years that he has served as CFO and member of the group executive board,” said Orkla CEO Jaan Ivar Semlitsch.
“He has played a key part in the development and professionalisation of the group’s finance and IT function. I wish him every success with his exciting new job outside Orkla. I am glad that Harald Ullevoldsæter has agreed to succeed Staff as CFO.
“With his solid finance experience and excellent business acumen, I am certain that he will play an important role in Orkla’s value creation going forward.”
Semlitsch became Orkla CEO earlier this year following the departure of Peter Ruzicka.
Orkla, which in March moved its headquarters to a new site in Oslo, recorded sales of NOK 41 billion ($4.49 billion) in 2018 and has approximately 18,500 employees.
In September, Orkla Food Ingredients, through its wholly owned subsidiary Sonneveld Group, acquired Dutch bakery ingredients manufacturer Vamo produkten voor de Bakkerij.
By Jules Scully
Source: FoodBev
Consumer healthcare firm Haleon has appointed Tate & Lyle executive Dawn Allen as its new chief financial officer, effective 1 November 2024. Allen will succeed Tobias Hestler, who has decided to step down from the role, citing a long-term health condition, the company said.
The group said that the bottling line, which adds 6,500 square metres to the existing 60,700-square-metre site, is the next necessary stage in the company’s international development. The leading brand in Campari Group’s global sales, demand for the Italian bitter apéritif has grown by 500% in the last decade.
The partnership will see Coca-Cola adopt new technology to foster innovation and productivity globally. Through the deal, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.
