AAK strengthens group management

AAK strengthens group management

In order to create better conditions for organic growth as well as
acquisitions, to better face future competition, and to strengthen a
necessary internationalization, AAK has expanded group management with
four persons.

Edmond Borit, currently Managing Director for AarhusKarlshamn Latin
America; Jean-Marc Rotsaert, currently President for AarhusKarlshamn
USA; Octavio Díaz de León, currently Managing Director for
AarhusKarlshamn Mexico, and Karsten Nielsen, currently Director of
Application and Product Development in the business area Chocolate &
Confectionery Fats, have been appointed new members of AAK's group
management.

”These changes are a natural step in the preparations for taking AAK to
new levels. The strengthening of group management will lead to an
efficient organization that better takes advantage of our product
portfolio on a global scale and creates clearer conditions for global
growth,” says Arne Frank, AAK's CEO and President.

In connection with these changes, Ian McIntosh, President UK & Americas
has decided to pursue opportunities outside AAK.

The above changes are being carried out today 12 January 2011.

Subsequently, AAK's new group management is:

Arne Frank            President and CEO
Anders Byström        CFO
Anne Mette Olesen     VP HR & Communication
Karsten Nielsen       Chief Technology Officer
Torben Friis Lange    President Business Area Chocolate & Confectionery
Fats
Bo Svensson           President Business Area Technical Products & Feed
Renald Mackintosh     President Business Area Food Ingredients
Continental Europe
David Smith           VP European Supply Chain
Edmond Borit          Managing Director AarhusKarlshamn Latin America
Jean-Marc Rotsaert    President AarhusKarlshamn USA
Octavio Díaz de León  Managing Director AarhusKarlshamn Mexico

 
For further information, please contact

Arne Frank, President and CEO
Phone: +46 40 627 83 10

Anders Byström, CFO
Phone: +46 709 88 56 13
or

Fredrik Nilsson, Head of Investor Relations
Phone: +46 708 95 2221

 
The information is that which AarhusKarlshamn AB (publ) is obliged to
publish under the provisions of the Stock Exchange and Clearing
Operations Act and/or the Trading in Financial Instruments Act. The
information was released to the media for publication on 12 January 2011
at 8.30 a.m. CET.

Facts about AAK
AarhusKarlshamn is the world's leading producer of high value-added
speciality vegetable oils and fats. These fats are characterized by a
high technological content and are used as substitute for butter-fat and
cocoa butter, transfree solutions for fillings in chocolate and
confectionery products, and in the cosmetics industry. AarhusKarlshamn
has production facilities in Denmark, Mexico, the Netherlands, Sweden,
Great Britain, Uruguay and the US. The company is organised in three
Business Areas; Chocolate and Confectionery Fats, Food Ingredients and
Technical Products & Feed. Further information about AarhusKarlshamn can
be found on the company's website www.aak.com.