Arla Foods has appointed Natalie Knight as its new CFO.

Knight, who will join the European dairy group in January, is senior VP of finance at the Adidas Group.

She replaces Frederik Lotz who resigned from the post in April this year to take up the position of CFO at Dutch-based retailer Action.

"Natalie has a proven track record of performance management in a global FMCG company. She has strong leadership, great communication skills and from her experience in investor relations, she has great capabilities in building relationships," said Peder Tuborgh, Arla's CEO.

In addition to the financial and legal teams at Arla, Knight will also have global responsibility for IT.

Knight said: "I am excited to join such a highly respected company and management team. I look forward to bringing my experience with leading brands to a company committed to grow strongly in this direction."