AAK strengthens group management
In order to create better conditions for organic growth as well as acquisitions, to better face future competition, and to strengthen a necessary internationalization, AAK has expanded group management with four persons.
Edmond Borit, currently Managing Director for AarhusKarlshamn Latin America; Jean-Marc Rotsaert, currently President for AarhusKarlshamn USA; Octavio Díaz de León, currently Managing Director for AarhusKarlshamn Mexico, and Karsten Nielsen, currently Director of Application and Product Development in the business area Chocolate & Confectionery Fats, have been appointed new members of AAK’s group management.
”These changes are a natural step in the preparations for taking AAK to new levels. The strengthening of group management will lead to an efficient organization that better takes advantage of our product portfolio on a global scale and creates clearer conditions for global growth,” says Arne Frank, AAK’s CEO and President.
In connection with these changes, Ian McIntosh, President UK & Americas has decided to pursue opportunities outside AAK.
The above changes are being carried out today 12 January 2011.
Subsequently, AAK’s new group management is:
| Arne Frank | President and CEO |
| Anders Byström | CFO |
| Anne Mette Olesen | VP HR & Communication |
| Karsten Nielsen | Chief Technology Officer |
| Torben Friis Lange | President Business Area Chocolate & Confectionery Fats |
| Bo Svensson | President Business Area Technical Products & Feed |
| Renald Mackintosh | President Business Area Food Ingredients Continental Europe |
| David Smith | VP European Supply Chain |
| Edmond Borit | Managing Director AarhusKarlshamn Latin America |
| Jean-Marc Rotsaert | President AarhusKarlshamn USA |
| Octavio Díaz de León | Managing Director AarhusKarlshamn Mexico |
For further information, please contact
Arne Frank, President and CEO
Phone: +46 40 627 83 10
Anders Byström, CFO
Phone: +46 709 88 56 13
or
Fredrik Nilsson, Head of Investor Relations
Phone: +46 708 95 2221
The information is that which AarhusKarlshamn AB (publ) is obliged to publish under the provisions of the Stock Exchange and Clearing Operations Act and/or the Trading in Financial Instruments Act. The information was released to the media for publication on 12 January 2011 at 8.30 a.m. CET.
Facts about AAK
AarhusKarlshamn is the world’s leading producer of high value-added speciality vegetable oils and fats. These fats are characterized by a high technological content and are used as substitute for butter-fat and cocoa butter, transfree solutions for fillings in chocolate and confectionery products, and in the cosmetics industry. AarhusKarlshamn has production facilities in Denmark, Mexico, the Netherlands, Sweden, Great Britain, Uruguay and the US. The company is organised in three Business Areas; Chocolate and Confectionery Fats, Food Ingredients and Technical Products & Feed. Further information about AarhusKarlshamn can be found on the company’s website www.aak.com.
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