Norwegian conglomerate Orkla today (3 May) announced its second senior executive departure this week, with the exit of Torkild Nordberg, CEO of Orkla Brands.

The firm said this morning that Orkla and Nordberg have “agreed” that he will step down as CEO of Orkla Brands.

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Formal approval of the move is expected from the board of directors in the “coming days”. No timetable for Nordberg’s departure was provided.

“Torkild Nordberg has had a significant impact on the development of Orkla Brands, especially over the last ten years, as CEO of Orkla Brands Nordic from 2002, and as CEO of Orkla Brands from 2008. I would like to thank Torkild for his efforts for the group over many years”, said acting president and CEO Åge Korsvold.

Korsvold was appointed interim chief executive earlier this week after CEO Bjørn Wiggen announced his resignation after 19 months in the role. 

Orkla booked a 56% drop in first-quarter profits on Monday.

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