Orkla ASA: Changes to Orkla’s Group Executive Board
CEO Jaan Ivar Semlitsch is making changes to Orkla’s Group Executive Board and group structure. Orkla Consumer & Financial Investments will become a new business area within Orkla. A separate group function is to be given responsibility for mergers and acquisitions (M&A) and strategy development. The changes will take effect on 1 November 2019. The new business area will have two parts: · Consumer Investments, consisting of the Care Development Portfolio (Orkla House Care, Lilleborg and Pierre Robert), Kotipizza and Gorm’s · Industrial and Financial Investments, consisting of