New Group Executive Board at Orkla - focus on the branded goods business

New Group Executive Board at Orkla - focus on the branded goods business

ID: 151072

(Thomson Reuters ONE) -


The heads of the four business units in Orkla Brands will now be members of
Orkla's Group Executive Board. Håkon Mageli has been appointed Executive Vice
President, Corporate Communications and Corporate Affairs.

"Orkla will now have a Group executive management with solid branded goods
expertise and a dedicated corporate centre to serve the branded goods companies.
Orkla is thereby taking an important step towards transforming the Group into a
pure branded goods company," says Orkla President and CEO Åge Korsvold.

As from 1 June, Orkla's Group Executive Board will consist of President and CEO
Åge Korsvold, business area heads Atle Vidar Johansen (Orkla Foods Nordic), Jan-
Ove Rivenes (Orkla Brands Nordic), Pål Eikeland (Orkla Food Ingredients) and
Paul Jordahl (Orkla Brands International), and Executive Vice Presidents Terje
Andersen, Karin Aslaksen, Karl Otto Tveter and Håkon Mageli. As a result of
Orkla divesting its industry businesses, Sapa CEO Svein Tore Holsether has been
relieved of other Group functions in order to concentrate fully on Sapa and the
current processes in the company. He is therefore withdrawing from the Group
Executive Board, but will continue to report to President and CEO Åge Korsvold.

Håkon Mageli will be responsible for Corporate Communications and Corporate
Affairs, which includes governmental affairs, food safety and nutrition.

Orkla ASA
Oslo, 30 May 2012


Ref.:
Senior VP, Communications and Public Affairs
Johan Chr. Hovland
Tel.: +47 22 54 44 86/ +47 917 63 491

Senior VP, Investor Relations
Rune Helland
Tel.: +47 22 54 44 11

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)





This announcement is distributed by Thomson Reuters on behalf of




Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Orkla ASA via Thomson Reuters ONE
[HUG#1615837]


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Bereitgestellt von Benutzer: hugin
Datum: 30.05.2012 - 08:32 Uhr
Sprache: Deutsch
News-ID 151072
Anzahl Zeichen: 2471

contact information:
Town:

Oslo



Kategorie:

Business News



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Extraordinary General Meeting 2009 ...

An Extraordinary General Meeting in Orkla ASA was held on Thursday, 10 December 2009, in Oslo. All proposals on the agenda were adopted, cf. the notice of the Extraordinary General Meeting that was sent to the Oslo Stock Exchange on 30 October 2009. ...

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