Arla Foods chairman retires

After 19 years as a member of the board of directors and four years as chairman of Arla Foods, Ove M&oslash,berg, 63, has announced his retirement with effect from the next ordinary meeting of the board of representatives on 26 May.
M&oslash,berg has headed up Arla Foods during a crucial period in the company’s history.In 2010, he and his colleagues on the board decided to retain Arla’s cooperative structure and spearheaded moves to establish a new capital model that required a considerable capital injection from the company’s owners in 2010. The capital model is now firmly embedded in Arla’s membership base.

Most recently, in March 2011, the board of directors under M&oslash,berg gained the full support from the board of representatives for the merger with the German dairy company Hansa Milch, which has resulted in German cooperative members becoming co-owners of Arla Foods.
M&oslash,berg joined the board of directors in the then MD Foods in 1992. He was elected chairman of Arla Foods in May 2007.