On 5 June 2019 it was announced that Jaan Ivar Semlitsch is to be the new President and CEO of Orkla. He will take up the post on 15 August 2019.
Following the departure of former President and CEO Peter A. Ruzicka on 7 May, Terje Andersen was appointed acting President and CEO, and will remain in the position until Semlitsch joins the group.
Please find enclosed the press release issued 5 June 2019.
Orkla is a leading supplier of branded consumer goods and concept solutions for the consumer, out-of-home and bakery segments in the Nordic region, the Baltics and selected markets in Central Europe and India. Orkla is listed on Oslo Stock Exchange and is headquartered in Oslo. In 2018, the group achieved sales of NOK 41 billion and had approximately 18,500 employees.
Oslo, 19 June 2019
Group Director, Corporate Communications & Corporate Affairs
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SVP Investor Relations
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