Furthermore, the Board assesses and discusses the principles annually, and has also considered this statement at a board meeting. We want to hear from you! Member of Orklas Group Executive Board since 2014. Compensation vs Earnings: Nils's compensation has increased by more than 20% in the past year. He directly owns 0.019% of the companys shares, worth NOK14.44M. To be able to be brave and inspiring, we need to be challenged and inspired. We are reviewing the competitiveness of all of our operations, and will make the necessary changes in order to drive higher performance levels and improve the returns on our content and technology investments.. Orkla Management Orkla employs 457 employees. I am eager to begin this new role with the Angus team and lead the Company to further success.. Led by CEO Pilar Blasco, Banijay Iberia was formed in 2020, following the merger of Banijay and Endemol Shine. According to the Orkla Code of Conduct, employees must on their own initiative inform their superior if they should recuse themselves from dealing with or if they have a conflict of interest in connection with a matter, and consequently should not take part in considering such matters. #wellbeing#embraceequity#leadership #womansday, Its Womens Day. Mr Selte was previously Group Treasurer at ICA Ahold AB in 19992001, before which he held the post of Finance Manager at Hakon Gruppen AS. The Board of Directors of OCS will also comprise SVP Marte Kaarb Mathisen from Orklas investment team, as well as two employee representatives who have not yet been chosen. June 27, 2023 2:30 pm ET. Learn about their Grocery Retail, Retail market share, competitors, and Orkla's email format. All Rights Reserved. He directly owns 0.02% of the company's shares, worth kr15.3m. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. In 1996-2014 Mr Ullevoldster worked in Orkla, where he has held a number of management positions in finance, including those of Finance Director and member of the management team of . By building awareness around diversity, equality, and inclusion in our businesses, we believe that we will improve the quality of business decisions, increase customer insight and innovation, win talent, and increase employee satisfaction. About us. His total yearly compensation is kr8.1m, comprised of 97.9% salary and 2.1% bonuses, including company stock and options. Procedural rules for such transactions have therefore been drawn up in the Rules of Procedure for the Board of Directors, which may be found below. Ms. Beh has been leading the Companys exploration team and exploration strategy at the Golden Sky Project since September 2021. Technologies. Orkla's CEO is Nils Selte, appointed in Apr 2022, he has a tenure of 1.17 years. Alan Arkin Dies At 89: Obit & Career Photo Gallery For Oscar-Winning 'Little Miss Sunshine' & 'Argo' Actor, International Insider: SAG-AFTRA Strike Looms; Kevin Spacey Trial Begins; Taormina Tales, Kevin Spacey Labeled A Sexual Bully Who Delights In Making Others Feel Powerless & Uncomfortable As Jury Hears Complainant Testimony In London Trial, Babylon Berlin Partners Commit To Season 5 Of Neo-Noir Drama After Sky Deutschland Shocker. And this is what Orklas Junior Advisory Board do. He directly owns 0.02% of the companys shares, worth kr15.3m. Share sensitive information only on official, secure websites. VP of Orklas Branded Consumer Goods Business, Executive VP of Investments & CEO of Orkla Care, Executive VP of Investments and CEO of Consumer & Financial Investments, Head of Share Portfolio & Investment Director, Senior Vice President of Corporate Accounting. Mr. Selte was first elected to the Board of Orkla in April 2014 and took office as CEO in 2022. Nils's compensation has increased by more than 20% in the past year. Orkla will consist of 12 portfolio companies. Orkla's Board of Directors decided yesterday to establish a new corporate structure and management team. shareholding to 157 000 shares. Member of management team and investment advisory Meer weergeven Part of international investments department, which manages three real estate investment mandates in Europe, North America and Asia-Pacific with a target size of EUR 6bn. Signup for Breaking News Alerts & Newsletters. LaLiga Studios, created by Banijay Iberia and Spain's LaLiga soccer league, is expanding its management team as it has created a new doc co-production, "The Power of Our Ftbol." Paz Prez . 10/27/2022 | 01:03am EDT Orkla is to be transformed into a leading industrial investment company with a brands and consumer-oriented scope. All Rights Reserved. Former Snap Nordics boss Lars Bo Jeppesen has been appointed as EVP and CEO of the Danish and Icelandic operations and will join on 1 August. He served as Chairman at Ko Show more. The Accounting Act may be found (in Norwegian) at www.lovdata.no. LaLiga Studios, created by Banijay Iberia and Spains LaLiga soccer league, is expanding its management team as it has created a new doc co-production, The Power of Our Ftbol.. Learn more in our Cookie Policy. You must click the activation link in order to complete your subscription. Orkla has a long-term, industrial approach to its portfolio companies. The Orkla Board of Directors consists of seven members elected by the shareholders and four members elected by the employees. 87% of employees would recommend working at Orkla to a friend and 61% have a positive outlook for the business. 2023 Variety Media, LLC. The U.S. Fire Administration (USFA) provides professional development support to help AHIMT members obtain the knowledge and skills needed to perform effectively as a team under stressful, dynamic conditions. Orkla ASA is listed on the Oslo Stock Exchange. Happy International Womans Day! All responders serving in a command or general staff position must complete these Incident Command System (ICS) training courses: According to the Rules of Procedure, the Board Chair must be informed of such transactions and must decide how the matter should be dealt with. (Geology) degree from St. Francis Xavier University, M.Sc. Deadline is a part of Penske Media Corporation. We invest in companies where we can contribute to further value creation through our industry expertise, consumer insight and experience in building leading brands. Its scope of activity is brands and consumer-oriented companies. Read more about menopause and how Orkla Home and Personal Care wants to break the stigma by exploring a completely new concept. Mr. Nils Kloumann Selte had been the Group President and Chief Executive Officer of Orkla ASA since 11 April 2022. 1964), Executive Vice President and CEO of Orkla Food Ingredients (b. By subscribing, I agree to the Terms of Use and Privacy Policy. At present, Orkla has 12 portfolio companies creating sustainable value through active ownership of brands and consumer investment companies. Such matters must be taken up with the Board Chair. Lpez Antoln previously acted as production manager at La Nueva TV, overseeing formats such as Madrileos por el Mundo. Prior to that, she was director of production at Magnolia, Viento and Agua Films, Verve Media, as well as head of production at Fremantle, Big Bang Media and Secuoya, developing and launching numerous formats including Camera Caf, X Factor and Amores que Duelen, and in addition worked at Discovery as promotions manager for Spain, France and Portugal. and Ph.D. (Economic Geology) degrees from McGill University. He serves as President & Chief Executive Officer of Orkla ASA. The new structure will be in place from July 1, at which point each leader will review their organizations to ensure full optimisation and focus. The financial impacts of the changes will be unveiled as part of an update on or before July 20.. At present, Orkla has 12 portfolio companies. Our website places information capsules (cookies) on your device if you have consented to the storage of cookies in your browser settings. Dear woman! #wellbeing #embraceequity #employees #womansday, Orkla ASA is a leading industrial investment company. The Board will similarly arrange for a valuation by an independent third party in the event of non-immaterial transactions between companies within the Group where there are minority shareholders. He will be a member of Orkla's Group Executive Board. They will report into Madsen Lindemann, as will Vanda Rapti, EVP, Viaplay Select & Content Distribution; Christian Albeck, EVP, Content Acquisition, Enrique Patrickson, EVP, Chief Financial Officer and Head of Strategy and M&A; Philip Wgnert EVP and Chief Technology & Product Officer; My Perrone, EVP and Group General Counsel; and Matthew Hooper, who is returning as EVP and Chief Corporate Affairs Officer. Please read our Financial Services Guide before deciding whether to obtain financial services from us. His total yearly compensation is kr8.1m, comprised of 97.9% salary and 2.1% bonuses, including company stock and options. Experienced Management: ORK's management team is considered experienced (3.3 years average tenure). Name & Title Social Earlier this month, Viaplay issued a warning over its . An overview of the members of Orkla's Board of Directors and the Management Team. Further information on transactions between related parties is provided in Note 37 to the consolidated financial statements. Prior to that, in 19952008, Mr Mageli was Information Director at Orkla Foods. Orkla is listed on the Oslo Stock Exchange and has its headquarters in Oslo, Norway. Communicated information from the procurement officer to the rest of the management team. An overview of the members of Orklas Board of Directors and the Management Team. Management Sales Department Marketing Department Finance Department HR Department IT Department Orkla ASA employs 377 employees. Orkla's Board of Directors decided yesterday to establish a new corporate structure and management team. 2023 Deadline Hollywood, LLC. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Information capsules are used to improve the website, for analysis purposes and for interest-based advertising. Management criteria checks 3/4 Orkla's CEO is Nils Selte, appointed in Apr 2022, he has a tenure of 1.17 years. The new structure will see a team of Nordic-based execs taking on local segments and reviewing their organisations to ensure full optimisation and focus.. Compensation vs Market: Nils's total compensation ($USD742.32K) is about average for companies of similar size in the Norwegian market ($USD1.03M). Mr Grnberg has been head of Corporate Functions since 2018, before which he was head of HR. Reprints. A .gov website belongs to an official government organization in the United States. If you experience any issues with this process, please contact us for further assistance. To avoid any detriment to the Groups reputation, the Board considers it important to pursue a policy of transparency and caution in connection with investments that could be perceived as an unfortunately close involvement, or close relationship, between the company and a member of the Board, executive management or parties related thereto. The grandest prize of them all, the Orkla Grand Prize 2023, was awarded to Orkla Food Ingredients for outstanding business results. Orkla had a solid improvement in both profit and revenues in the first quarter. Nils's compensation has increased by more than 20% in the past year. Orkla is required to report on corporate governance under section 3-3b of the Norwegian Accounting Act and the Norwegian Code of Practice for Corporate Governance; see section 7 on the continuing obligations of stock exchange listed companies. He served as Chairman at Ko, Executive Vice President of Legal & Compliance, Executive Vice President of Communication & Corporate Affairs, Executive VP of Human Resources & Head of Corporate Functions, Exec. Mr Grnberg and related parties own 16 470 shares in Orkla ASA1. From 2014 to 2022 he was CEO of Canica AS where he was employed from 2001 as CEO and Finance Director. Before that, he was CEO of Orkla Foods from 2012, CEO of Orkla Foods Nordic in 20082012 and CEO of Orkla Foods in 20052008. 1971), Executive Vice President and CEO of Orkla Care (b. In 19931995, he was Director Public Affairs, Orkla Foods, in Brussels, and Company Secretary, Nora Foods in 19911993. Read more about Orklas treatment of personal data, including right of access. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet managements expectations. #business #brand #people #growth. Each share has a nominal value of NOK 1.25. Member of Orklas Group Executive Board since March 2020. The Andrews Labor Government is supporting councils and shires to improve critical wastewater management processes to better protect public health and the environment. He served as Chairman at Ko Show more. Let's create a future where diversity and inclusion are not only aspirations, but a reality!