Arla Foods announces changes to its Executive Board and Executive Management Team

Arla Foods appoints Torben Dahl Nyholm, Chief Financial Officer (CFO) and Executive Vice President (EVP) to its Executive Board. Torben Dahl Nyholm will succeed the Executive Board and Executive Management Team (EMT) member and EVP of Arla Foods’ European business, Peter Giørtz-Carlsen, who will take on the role as CEO of Danish DLG Group. The new EVP of the European business and EMT member will be Mark Boot, Senior Vice President (SVP) of Arla Foods’ business in the Netherlands, Belgium and France.

Executive Board member and EVP, Peter Giørtz-Carlsen will be leaving Arla Foods to become CEO of the Danish cooperative DLG Group. CFO and EVP of Finance, Legal, IT and Strategy, Torben Dahl Nyholm, will take on the role in Arla Foods Executive Board. Arla Foods’ Executive Board is a two-person Board and effective from 1 December 2024 it consists of Arla Foods CEO, Peder Tuborgh and CFO and EVP, Torben Dahl Nyholm.

On the changes, Arla Foods CEO, Peder Tuborgh, says: “I have been working closely with Peter ever since he joined Arla. Over the years, he has delivered above expectations to our farmer owners, and we have delivered strong results under his leadership. Whilst I will miss Peter’s extraordinary dedication and having him by my side, I’m delighted for him personally and pleased that Arla can foster a strong CEO to DLG Group.”

Arla Foods’ Board of Directors has appointed Torben Dahl Nyholm to its Executive Board. Commenting on the announcement, Peder Tuborgh says: “I’m pleased that the Board of Directors has appointed Torben Dahl Nyholm, to Arla Foods’ Executive Board. Throughout his career in Arla, Torben has shown himself to be an outstanding leader. His growth mindset and his ability to both innovate and safeguard our cooperative is remarkable.”

Torben Dahl Nyholm, says: “I’m honoured to be entrusted with a role in Arla’s Executive Board, and I’m excited about the prospect of working even closer with Arla’s Board of Directors to achieve Arla’s ambitions and deliver on our vision.”

Mark Boot will replace Peter Giørtz-Carlsen as EVP of the European business and member of the EMT effective from 1 February 2025 at the latest. Mark Boot joined Arla Foods in 2016, and he has a well-rounded track record from Unilever and Royal Friesland Campina. Mark Boot has previously led Arla Foods’ business in Southeast Asia, and he is currently holding the position as Senior Vice President of the commercial business in the Netherlands, Belgium and France.

On appointing Mark Boot to his new role, Peder Tuborgh comments: “It feels great to welcome Mark to Arla Foods’ Executive Management Team. Mark has done a tremendous job during his years in Arla, and through his career he has shown strong commercial leadership. I’m confident that he will be a great addition to both the EMT and the European business.”

Mark Boot, says: “I’m honoured to take on this responsibility. I look forward to strengthening our business even further and to partner up with Arla farmer owners and colleagues across Europe.”

Effective from 1 February 2025 at the latest Peter Giørtz-Carlsen will leave Arla Foods. The process of finding Mark Boot’s replacement has been initiated.