October 23, 2019
Arla's CFO to leave in February 2020
Arla Foods' chief financial officer, Natalie Knight, will leave the company on February 29 next year.
The multinational dairy co-op is now on the lookout for her replacement, said CEO Peder Tuborgh.
Arla has improved its balance sheet in the years since Knight joined the co-op. Arla has delivered strong cash and networking capital, thus enabling it to invest in the global development of its brands and Arla Foods Ingredients business, as well as expanding revenue in growth categories.
Knight's key achievements centered on the development and execution of the company's Calcium programme, which aims to create significant savings and reinvest in its growth.
"It has been a privilege to be CFO of such a progressive and strong co-operative as Arla Foods and I am proud of the achievements that we have made over the last four years, particularly in our ability to continue to drive strong global branded growth, whilst simultaneously implementing our Calcium transformation programme," Knight commented.