Group executive director Peter Lauritzen (58), who for the past 13 years has been responsible for Arla Foods’ ingredients business, has been appointed chief executive officer (CEO) of the UK subsidiary Arla Foods UK.
Lauritzen replaces Tim Smith, who together with finance director Nigel Peet, have stepped down from their current roles by mutual agreement and are leaving the company.
Lauritzen has also been appointed executive director of the business group, Consumer UK, which besides the UK subsidiary, covers exports of Scandinavian products to the UK and the joint venture partnership with New Zealand’s Fonterra.
Lauritzen’s initial tasks will be to integrate the UK subsidiary intothe Arla Foods parent company and implement a series of investments and efficiency improvements following the recent acquisition of the UK operation.
Group executive director Kim Nielsen, who is currently responsible for Consumer UK, has decided to retire after 14 years as head of Arla Foods’ activities in the UK.