Orkla Reveals Name of Its New CEO and President

Orkla

Orkla has a new president and CEO in the person of Jaan Ivar Semlitsch, who brings his prior experience from Elkjøp, Dixon Carphone, Rema Industrier, Plantasjen and Statoil Retail to the table.

“I am pleased that Jaan Ivar Semlitsch has accepted the position. He has 24 years of broad management experience from Nordic and international companies and has been a highly successful chief executive of several companies. The board has unanimously concluded that Jaan Ivar is the right person to lead Orkla in the coming years,” says Orkla’s Board Chairman Stein Erik Hagen.

Jaan Ivar Semlitsch is joining Orkla from Dixons Carphone Plc, where he has been CEO of Elkjop Nordic for more than six years. For the past year, he has also been in charge and CEO of Dixons Carphone’s International operations. Semlitsch served as CEO of Rema Industrier from 2009 to 2013 and as CEO of Plantasjen from 2007 to 2009 and was chief operating officer at Statoil Retail Europe from 2004 to 2007. From 2001 to 2004, he was CEO of Expert Denmark. From 1995 to 2001, he worked for McKinsey & Company as a consultant on assignments for a range of companies in the grocery sector. Semlitsch holds an economics degree from the Norwegian School of Economics and an MBA from Kellogg School of Management.

“I am very grateful for the opportunity to lead Orkla into a new and exciting phase of the group’s development. I want to build on Orkla’s strong existing positions in various markets, and foster the company’s continued growth and expansion,” says Orkla’s new president and CEO.

Jaan Ivar Semlitsch will take up his new position by 1 December at the latest. Following the departure of former President and CEO Peter A. Ruzicka on 7 May, Terje Andersen was appointed acting President and CEO and will remain in the position until Semlitsch joins the group.

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