Changes in the management of the Arla Foods Group

04-Nov-2024

Torben Dahl Nyholm, CFO (Chief Financial Officer) of the Arla Foods Group

Arla Foods

Torben Dahl Nyholm, CFO (Chief Financial Officer) of the Arla Foods Group, is to join the company's Executive Board. In this role, he succeeds Peter Giørtz-Carlsen, Executive Vice President Europe, who is leaving Arla Foods to become CEO of the Danish DLG Group. The new head of the European business will be Mark Boot, who is currently Senior Vice President (SVP) for Arla Foods' business in the Netherlands, Belgium and France.

Arla's Head of Europe, Peter Giørtz-Carlsen, will leave Arla Foods by February 1, 2025 at the latest to become CEO of the Danish cooperative DLG Group. Chief Financial Officer Torben Dahl Nyholm, will assume his role as a member of Arla's Executive Board. Arla Foods' Executive Board will consist of two people and will then consist of Arla Foods CEO Peder Tuborgh and CFO Torben Dahl Nyholm from December 1, 2024.

"I have worked closely with Peter Giørtz-Carlsen since he joined Arla. Over the years, he has exceeded the expectations of our farmers and we have achieved strong results under his leadership. Although I will miss Peter's exceptional commitment to Arla, I am personally happy for him," says Peder Tuborgh, CEO of Arla Foods, explaining the changes in top management.

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As part of the changes, Arla Foods has appointed the CFO of Arla Foods Group, Torben Dahl Nyholm, to the Executive Board. Peder Tuborgh says: "I am pleased that the Arla Board of Directors has appointed Torben Dahl Nyholm to the Executive Board of Arla Foods. Throughout his career at Arla, Torben has proven to be an outstanding leader. His drive for growth and his ability to both innovate and protect our cooperative are remarkable."

Commenting on his appointment, Torben Dahl Nyholm says: "I am honored to become part of Arla's Executive Board and look forward to working even more closely with Arla's Board of Directors to achieve Arla's goals and realize our vision."

Mark Boot will succeed Peter Giørtz-Carlsen as Executive Vice President Europe of Arla Foods by February 1, 2025 at the latest and thus also become a member of the company's Executive Management Team (EMT). Mark Boot joined Arla Foods in 2016 and has previously held various management positions at Unilever and Royal Friesland Campina. He currently leads Arla's business in the Netherlands, Belgium and France as Senior Vice President. Prior to that, he was responsible for Arla's business in South East Asia.

"It is great to welcome Mark to the Executive Management Team at Arla Foods. Mark has done an outstanding job in his time at Arla so far and has shown exceptional leadership throughout his career. I am convinced that he will be a great asset to both our management team and the European business," says Arla CEO Peder Tuborgh.

Mark Boot commented: "I am honored to take on this responsibility. I look forward to further strengthening our business and working with Arla's farmers and colleagues across Europe."

The process to find a successor for Mark Boot as head of Arla's business in the Netherlands, Belgium and France has been initiated.

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

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