Orkla ASA Changes its Corporate Structure; Announces Management Appointments
January 09, 2013 at 04:31 pm IST
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Orkla ASA is reorganising its operations into five, instead of four, business areas, and strengthening its Group Executive Board. Since the autumn of 2011, Orkla has been engaged in the process of further developing the Group to become a branded consumer goods company. As part of this process, the main operations are now being restructured from four to five business areas: Orkla Foods, Orkla Confectionery & Snacks, Orkla Home & Personal, Orkla International, Orkla Food Ingredients. Orkla's corporate centre will provide support for the companies, ensure that expertise and experience are shared across company boundaries and promote cost-effective operations. The corporate centre will now have five areas of expertise: Finance, Legal Affairs, Human Resources, Business Development, Corporate Communications & Corporate Affairs.
The company announced that all of the current members of the Group Executive Board will remain in their posts. Jan Ove Rivenes will be the new CEO of the Orkla Home & Personal business area. A new head is to be appointed for Orkla Confectionery & Snacks. Until the new CEO is in place, Rivenes will also head this business area. Ole Petter Wie has been appointed as new head of Business Development. Wie has broad experience from Ringnes, Nestle, Coca-Cola, McKinsey, and other companies. He will be a member of Orkla's Group Executive Board.
Orkla ASA is one of the leading Norwegian industrial groups. Net sales break down by activity as follows:
- manufacture of food and consumer products (97.9%): food products (pizzas, sauces, seafood, prepared meals, fruits, chocolates, ingredients, delicatessen products, etc.), consumer products (detergents, clothing, cosmetics, personal hygiene, etc.), household cleaning products, professional cleaning products, etc.;
- hydroelectric power generation (2.1%).
Net sales are distributed geographically as follows: Norway (22.2%), Sweden (18%), Denmark (9.9%), Finland (9.5%), Baltic States (4.1%), Iceland (1.5%), Europe (27.3%) and other (7.5%).
ORKLA ASA 
