Arla Foods has appointed Jan Toft Nørgaard as its new chairman, following former chairman Åke Hantoft’s decision to retire after seven years in the role.
Nørgaard will take over the position on 2 July 2018, and will focus on growing the company’s presence in the global dairy and strengthening the company’s portfolio of global brands.
Nørgaard has been a dairy farmer since 1982 and has been an elected representative in the cooperative since 1996.
He became a member of Arla Foods Board of Directors since 2000, and was appointed as vice-chairman of Arla Foods in 2011.
Commenting on the appointment, Jan Toft Nørgaard says: “I am honoured by the confidence the Board of Directors has shown me.
“I am humble about the task I take on as chairman and I look forward to working closely with the board and the management of the company on continuing the development of the Arla Foods.”
After eight years with Nestlé, François-Xavier Roger, executive vice president and chief financial officer (CFO), has decided to leave the company to pursue new professional challenges, making way for finance boss Anna Manz. Meanwhile, Unilever announced that Graeme Pitkethly, CFO, will retire by the end of May 2024, and the hunt is on for his successor.
International spirits company Bacardi Limited has announced the appointment of Alicia Enciso to its board of directors. Enciso joins with more than 30 years of experience with multinational Fortune 100 Companies in the food and beverage sector with roles as general manager, president, chief marketing officer and e-business officer.
According to Innova Market Insights, when it comes to beverages, consumers are willing to pay more for what they value most, despite rising inflation. Additionally, consumers want brands that respond to their core values and have the benefits they seek, such as sustainability and functional ingredients.