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Orkla ASA (ORK.OL)

ORK.OL on Oslo Stock Exchange

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12 Dec 2017
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Summary

Name Age Since Current Position

Stein Hagen

60 2006 Chairman of the Board of Directors

Peter Ruzicka

53 2014 President and Chief Executive Officer, Member of the Group Executive Board

Grace Reksten Skaugen

64 2013 Independent Deputy Chairman of the Board

Jens Staff

50 2014 Chief Financial Officer, Executive Vice President, Member of the Group Executive Board

Johan Clarin

46 2013 Executive Vice President Operations, Member of the Group Executive Board

Pal Eikeland

58 2012 Member of the Group Executive Board, Executive Vice President and Chief Executive Officer Orkla Food Ingredients

Ann-Beth Freuchen

46 2015 Executive Vice President, Chief Executive Officer Orkla Confectionery & Snacks, Member of the Group Executive Board

Atle Nagel-Johansen

54 Member of the Group Executive Board, Executive Vice President, Chief Executive Officer Orkla Foods

Stig Nilssen

53 2013 Executive Vice President, Chief Executive Officer Orkla Care, Member of the Group Executive Board

Karl Tveter

53 2012 Chief of Group Functions and Group Director Legal, Member of the Group Executive Board

Christer Gronberg

56 2014 Group Director, Human Resources; Member of the Group Executive Board

Terje Andersen

59 2014 Chief Executive Officer and Head of Orkla Investments, Member of the Group Executive Board

Hakon Mageli

52 2012 Group Director, Corporate Communications and Corporate Affairs, Member of the Group Executive Board

Karin Hansson

57 2016 Director, Employee Representative

Sverre Josvanger

54 2012 Director, Employee Representative

Liselott Kilaas

58 2017 Director

Nils Selte

52 2014 Director

Terje Utstrand

53 2012 Director, Employee Representative

Roger Vangen

52 2016 Director, Employee Representative

Lars Dahlgren

47 2014 Independent Director

Ingrid Jonasson Blank

55 2013 Independent Director

Lisbeth Valther

51 2013 Independent Director

Mattias Orrenius

2015 Senior Vice President Investor Relations

Biographies

Name Description

Stein Hagen

Mr. Stein Erik Hagen has been Chairman of the Board of Directors of Orkla ASA since May 23, 2006. He has been Member of the Board of Directors of the Company since 2004. He is also Member of the Company's Compensation Committee. He has been Retailer and Founder of RIMI since 1977. He was Co-Founder of ICA AB in 1999. He is also Owner of Canica AS and associated family-owned companies. He acts as Chairman and Member of the Board of various companies in which the Hagen family has direct or indirect ownership interests. He is Member of the Board of the Stein Erik Hagen Stiftelse for Klinisk Hjerteforskning (Foundation for Clinical Heart Research) and member of the Committee of Shareholders’ Representatives of Stein Erik Hagens Allmennyttige Stiftelse (Charitable Foundation). He is Founder and General Manager of the Prostate Cancer Foundation of Norway. He is Member of the Board of the Byrd Hoffman Watermill Foundation. He holds a degree from the Retail Institute (now the Norwegian School of Retail).

Peter Ruzicka

Mr. Peter Arne Ruzicka has been appointed President and Chief Executive Officer, Member of the Group Executive Board at Orkla ASA, effective as of February 10, 2014. He served as Member of the Board of Directors of Orkla ASA from 2008 until February 10, 2014. He was also Member of the Company's Audit Committee. He previously was Member of the Company's Board between 2003 and 2005, and Deputy Member of the Board from 2007 until 2008. He has 25 years of experience in the retail sector. From 1995 to 2000, he served as Managing Director of Hakon Gruppen AS and was later in charge of establishing ICA in the Baltic States. He was Deputy CEO of ICA AB from 1998 until 2000. From 2000, he headed Ahold's operations in the Czech Republic and Slovakia. He served as Managing Director of Jernia ASA from 2003 to 2006, and was Managing Director of Canica AS from 2006 to 2014. Besides being Chairman of the Board of Jernia AS from 2007 until 2014, he has been Chairman of the Board of Komplett ASA and Member of the Board of REC ASA. He has been Member of the Board of AIM – European Brands Association since January 1, 2016. He holds a Master of Business Administration degree and a degree in Business Economics from Oslo School of Business Administration (now part of Handelshoyskolen BI).

Grace Reksten Skaugen

Ms. Grace Reksten Skaugen has served as Independent Deputy Chairman of the Board of Directors at Orkla ASA since May 21, 2013. She has been Member of the Company's Board of Directors since August 19, 2012. She is Chairman of the Compensation Committee. She works as Independent Consultant. Apart from that, she is Chair of the Board of the Norwegian Institute of Directors as well as Member of the Board of Lundin Petroleum AB and Euronav Tankers and Member of the Board and Chair of the Audit and Risk Committee of Investor AB. Previously, she served as Director at SEB Enskilda Securities - Corporate Finance. She holds a MBA degree from the Norwegian Business School (Handelshoyskolen BI) and a Bachelor of Science and a Doctorate of Philosophy in Laser Physics from Imperial College of Science and Technology.

Jens Staff

Mr. Jens Bjorn Staff has been Chief Financial Officer, Executive Vice President and Member of the Group Executive Board at Orkla ASA since June 1, 2014. He was Executive Vice President and CFO at Statkraft AS from 2011 to 2014. In the period 2005-2011 Mr. Staff held various positions as Finance Director in the Statoil Group, including Statoil Detaljhandel AS and Energy & Retail Europe. From 2002 to 2005, he was Financial Director at Posten Norge AS. Prior to this he was employed at PWC from 1998 to 2002. He was also Operations Manager at IKEA Slependen AS, 1995-1998. He holds Master of Business Administration degree from Norges Handelshoyskolen Bergen – NHH and Bachelor of Arts from Handelshoyskolen BI. He also studied Economics at Universitetet i Oslo.

Johan Clarin

Mr. Johan Clarin has served as Executive Vice President Operations and Member of the Group Executive Board of Orkla ASA since September 2013. He held several senior positions at Sony Mobile Communications AB from 2007 to 2013, including Global Head of Manufacturing and Logistics and President & CEO of Beijing Mobile Communications Ltd. He was Member of the Board of Directors of Sony Mobile’s Chinese joint venture (2011-2013). He was also Senior Manager with focus on supply chain management at Accenture AB (1997-2006). He holds a Master of Science degree in Business Administration from Gothenburg School of Economics, part of University of Gothenburg (Goteborgs universitet) from 1997.

Pal Eikeland

Mr. Pal Eikeland has served as Member of the Group Executive Board, Executive Vice President and Chief Executive Officer Orkla Food Ingredients at Orkla ASA since June 1, 2012. He has been CEO of Orkla Food Ingredients since 2010. Previously he served as Senior Vice President Corporate Development and Purchasing at Orkla, (2005–2010), Purchasing Director, Orkla/Orkla Foods (2001–2005), Director, Lilleborg Profesjonell (1994–2001), CEO at Phillips Lys A/S (1992–1994) and various managerial positions in sales and marketing in Lilleborg (1983–1992). He holds a Master of Science degree in Business from Handelshoyskolen BI.

Ann-Beth Freuchen

Ms. Ann-Beth Nina J Freuchen has been Executive Vice President, Chief Executive Officer Orkla Confectionery & Snacks and Member of the Group Executive Board at Orkla ASA since July 1, 2015. Prior to that, Ms. Freuchen was CEO of Orkla Confectionery & Snacks Norge since April 2013. From 2010 to 2013, she held the post of CEO of KiMs Norge. She has previously held various management positions in sales and marketing at Nidar and KiMs Norge. She began her career at Orkla as Product Manager at Lilleborg in 1996. She holds Master of Science in Business (sivilokonom) from BI Norwegian Business School.

Atle Nagel-Johansen

Mr. Atle Vidar Nagel-Johansen has served as Member of the Group Executive Board at Orkla ASA since June 1, 2012 and is also Executive Vice President, Chief Executive Officer Orkla Foods within the Company. He has been CEO, Orkla Foods since 2012 and was CEO, Orkla Foods Nordic from 2008 until 2012 and was earlier CEO, Orkla Foods from 2005 until 2008. Previously he served as Marketing Director at Orkla Foods International (2003–2005), Finance Director at Orkla Foods (2001–2003), Chief Financial Officer at Tandberg Data ASA (1999–2000), Finance Director at Saetre AS/Orkla Snacks (1996–1999), Head of Economic Planning & Analysis at Orkla HQ (1993–1996), Financial analyst at Carl Kierulf & Co (1989–1992), Financial analyst at Jotun Fonds (1987–1989). He is Authorized Financial Analyst from Norges Handelshoyskole Bergen - NHH and holds Master of Science degree in Business and Economics from Handelshoyskolen BI.

Stig Nilssen

Mr. Stig Ebert Nilssen has been Executive Vice President, Chief Executive Officer Orkla Care and Member of the Group Executive Board within Orkla ASA since April 22, 2013. He was Chief Executive Officer of Axellus AS from 2005 until 2013. Prior to that, he was Managing Director of Collett Pharma A/S from 2004 until 2005 and has held various senior management positions at Nycomed Pharma, including Vice President, Nycomed Pharma, Nordic Consumer Health (2000-2004), Director, Profit Center, Consumer in Norway (1999-2000). He was also Marketing Director and Marketing Manager Herman Lepsoe A/S (1994-1999) and Nordic Product Group Manager, SC Johnsen (1991-1993) and Trainee, Product Manager, Marketing Manager, Scandinavian Press (part of Imp Group) from 1998 until 1991. He holds a degree from Oslo Handelshoyskole (Handelshoyskolen BI) with major in Finance and International Marketing.

Karl Tveter

Mr. Karl Otto Tveter has been Chief of Group Functions and Group Director Legal and Member of the Group Executive Board at Orkla ASA since February 9, 2012. Prior to his appointment he had served as Senior Vice President of Legal Affairs of Orkla ASA since 2000. Before that, he has been Deputy Advocate/Advocate at Orkla since 1992. He has experience from the Norwegian Ministry of Finance's Tax Law Department. He holds a degree in Law from Universitetet i Oslo.

Christer Gronberg

Mr. Christer Gronberg has been Group Director, Human Resources and Member of the Group Executive Board at Orkla ASA since June 2014. From 2010 to 2014, Mr. Gronberg was HR Director at Orkla Foods, prior to which he held the position of HR Director at Stabburet from 2008 to 2010. He was employed at Procordia Food from 1998 to 2008, including eight years as HR Director. From 1982 to 1998, Mr. Gronberg pursued a career in the Swedish Armed Forces. He holds a university degree in Human Resources.

Terje Andersen

Mr. Terje Andersen has been Chief Executive Officer and Head of Orkla Investments, Member of the Group Executive Board at Orkla ASA since June 1, 2014. Before that, he has been Chief Executive Officer and Head of Orkla Investments within Orkla ASA, effective as of May 1, 2013. He has also been Executive Vice President and Chief Financial Officer of the Company since November 2005 and CFO since 2003. He has been Member of Orkla's Group Executive Board since November 2005. He also served as Senior Vice President - Corporate Finance at the Company between 2000 and 2005. Prior to that, he was Finance Director at Orkla Brands and Lilleborg. He has also held management positions at Deloitte Consulting and Nevi Finans. He obtained a Master of Science degree in Economics and Business Administration from Norges Handelshoyskole, Bergen - NHH in 1983.

Hakon Mageli

Mr. Hakon Mageli has served as Group Director, Corporate Communications and Corporate Affairs and Member of the Group Executive Board at Orkla ASA since June 1, 2012. He was previously Director Corporate Affairs Orkla Brands from 2008 until 2012. Previously, he held the position of Director of Information responsible for trade policy, food safety and environment for Orkla Foods (2001-2005) and Director of Information and Public Relations of Orkla Foods (1995-2001). He held various positions within Nora, such as Director of International Affairs (1993-1995) and Company Secretary (1991-1993). Between 1985 and 1990, he worked as Journalist at Dagens Naeringsliv. He is Chairman of the Confederation of Norwegian Enterprise’s Trade Policy Committee, Member of the Board of the Federation of Norwegian Food and Drink Industry and Chair of the Board of Matmerk – The Norwegian Food Branding Foundation. He obtained a Master of Science degree in Business from Handelshoyskolen BI in 1988 and a degree in International Studies from Thunderbird University in the United States in 1987. He also completed The Executive Program (Darden, the United States).

Karin Hansson

Ms. Karin Hansson has been Director, Employee Representative at Orkla ASA since 2016. She is employed at Orkla Foods Sverige. She is elected representative of the Swedish Food Workers’ Union at Orkla Foods Sverige, Member of Orkla’s Committee of Union Representatives, Working Committee of the Executive Committee and the European Works Council.

Sverre Josvanger

Mr. Sverre Josvanger has served as Member of the Board of Directors, Employee Representative at Orkla ASA since May 24, 2012. He is Member of the Audit Committee. He is Chair of the Executive Committee for Salaried Employees at Orkla and secretary of Orkla’s Committee of Union Representatives and the Working Committee of the Executive Committee since 2012. He is also Member of the European Works Council and Member of Orkla’s Pension and Insurance Council (POFFO) since 2012. He is also Head of the trade union division in Nidar since 1994 and Chief Union representative for salaried employees at Nidar since 2010. He is employed at Orkla Confectionery & Snacks as sales consultant since 1988.

Liselott Kilaas

Nils Selte

Mr. Nils K. Selte has served as Member of the Board of Directors of Orkla ASA since April 10, 2014. He is Chairman of the Audit Committee. He holds a Master of Business Administration degree from the Norwegian School of Management (Handelshoyskolen BI, 1991). He has been Chief Executive Officer of Canica AS since 2014. He previously also was CFO (2006-2014) and later Chief Executive Officer (2001-2006) of Canica. He also served as SVP Finance/Group Treasurer of ICA Ahold AB (1999-2001), SVP Finance/Group Treasurer of Hakon Gruppen AS (1998-1999) and Finance Manager at Hakon Gruppen AS (1996-1998) and LIVI Norge AS (1994-1996). He also served as consultant at the Office of the Auditor General of Norway from 1991 until 1994. He is Member of the Board of Komplett AS and Deputy Chairman of the Board of Centurie AS and several other Canica companies.

Terje Utstrand

Mr. Terje Utstrand has served as Member of the Board of Directors, Employee Representative at Orkla ASA since May 24, 2012. He has been Chief trade union representative since 2010, Chair of the Board of LO union members at Orkla, Chair of Orkla’s Committee of Union Representatives and European Works Council. Apart from that he has been NNN union representative at Nidar AS since 1999 (chief union representative 2002–2010), deputy member of the Board of Nidar AS (2004–2010), Member of the Board of Orkla Brands AS (2008–2012), Member of Orkla’s Committee of Union Representatives-Working Committee since 2000. He is employed at Orkla Confectionery & Snacks Norge.

Roger Vangen

Mr. Roger Vangen has been Director, Employee Representative at Orkla ASA since 2016. He is employed at Orkla Foods Norge and NNN union representative at Orkla Foods Norge. He is Member of the Committee of Representatives at Orkla Foods Norge, Member of the Liaison Committee’s Working Committee at Orkla Foods, Member of the Board for LO union members at Orkla, Member of Orkla’s Committee of Union Representatives, Working Committee of the Executive Committee and the European Works Council.

Lars Dahlgren

Mr. Lars Dahlgren has served as Independent Member of the Board of Directors of Orkla ASA since April 10, 2014. He has served as Chief Executive Officer of Swedish Match AB since 2008. He also was Chief Financial Officer (2004-2008) and Vice President Group Finance (2002-2004) at Swedish Match. Previously, he also served as Financial Director & Director of Business Development at Vasatek Ltd (2000-2002) and Financial Director, Treasurer & Director IT at Swedish Match Philippines Inc (1998-2000). From 1996 until 1998, he worked as Assistant Controller of Swedish Match AB, before which he held the post of Financial Analyst at SBC Warburg from 1995 until 1996. He also serves as Member of the Board of Arnold Andre GmbH & Co. KG. He holds Master of Science degree in Economics and Business Administration from Handelshogskolan i Stockholm.

Ingrid Jonasson Blank

Ms. Ingrid Jonasson Blank has served as Independent Member of the Board of Directors of Orkla ASA since May 21, 2013. She is Member of the Audit Committee. She holds a Bachelor of Science degree in Business Administration and Economics from Handelshogskolan (part of Goteborgs Universitet, 1985). She also completed Reuter Dam program (2001) and Ahold Leadership Program at Harvard Business School (2009). She worked at ICA from 1986 to 2010 in various positions, including Executive Vice President Functional Market Responsibility for ICA Sweden (2009-2010) and for ICA AB (2004-2009). She serves as Member of the Board of MATAS A/S, Royal Unibrew A/S (since 2013), Ambea Sverige AB, Fiskars Oyj (since 2010), ZetaDisplay AB, Musti ja Mirri Oy, Matse Holding A/S and Bilia AB (since 2006).

Lisbeth Valther

Ms. Lisbeth Valther has served as Independent Member of the Board of Directors of Orkla ASA since May 21, 2013. She received Bachelor in Business Administration and Diploma in Marketing at Handelshoejskolen SYD in Denmark. She is Co-Founder and has worked for Next Step Citizen A/S as Chief Executive Officer since 2012. From 1989 to 2012, she worked for LEGO A/S in various positions, including Executive Vice President Consumer, Education and Direct (2006-2012) and Vice President, Interactive Experiences (2004-2006). She previously was Member of the Board of Kabooki A/S, FDIH, AIM and MIT Media Lab Simplicity Board. She has been Member of the Board of Directors and Member of the Audit Committee of Amersports Oy since 2015.

Mattias Orrenius

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