Scandi Standard (SCST SS) – Organisational changes
Scandi Standard is pleased to announce the appointment of Ado Carton as CEO of Manor Farm and member of Group Management with effect from 1th of June 2019. He is replacing Vincent Carton as part of a management succession plan following the 2017 acquisition of Manor Farm.
Prior to joining Scandi Standard, Carton came from Kerry Group, a leading manufacturer and marketer of added value branded and customer branded chilled foods to the UK, Irish and continental European consumer foods markets. Through his 27 years career with Kerry Group he held an array of key management positions, most recently as Managing Director Grocery, Snacking and International. Ado Carton holds a Business degree from University College Dublin.
– A number of aspects attracted me to this opportunity: the proud history of the Manor Farm business, the industry leading standards of Scandi Standard and the ambition to continue to blend the best of both to deliver increased growth, says Ado Carton.
In connection with the acquisition of Manor Farm in 2017, Vincent Carton agreed to stay on as Country Manager throughout 2019 in parallel with his role as Non-Executive Director of the Group. Vincent Carton’s family control about 9% of the capital in Scandi Standard and Vincent Carton will continue to serve as Non-Executive Director of Scandi Standard AB and be available to the Group on special projects.
– It´s been a great couple of years and I would like to thank everyone I worked with. I have learned a lot and I´m very proud to see what we have achieved together. I also have great confidence that Ado, with his long experience and track record, will follow through the latest journey we have just started, towards a Better Chicken for a Better Life. I look forward to retaining my connection with all the group companies through special projects and by serving as Board member, says Vincent Carton.
– I am pleased by the appointment of Ado to succeed Vincent in Ireland. I am convinced that his personal qualities and background are ideal for both taking Manor Farm to the next level and to be a valuable contribution to the Scandi Standard management team. At the same time, I wish to thank Vincent for his valuable contribution and look forward to working with him in the future, says Leif Bergvall Hansen, CEO Scandi Standard.
For further information, please contact:
Leif Bergvall Hansen, CEO Scandi Standard: +45 221 005 44
Henrik Heiberg, Head of M&A, Financing & IR, Scandi Standard: +47 917 47 724
This information is information that Scandi Standard AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on 9th of May 2019.
Scandi Standard is the leading producer of chicken-based food products in the Nordic region and Ireland. The company produces, markets and sells ready to eat, chilled and frozen products under the well-known brands Kronfågel, Danpo, Den Stolte Hane, Naapurin Maalaiskana and Manor Farm. Eggs are also produced and sold in Norway. We are approximately 3,000 employees with annual sales of more than SEK 9 billion. For more information, please visit www.scandistandard.com.