Siggi’s, the US-based skyr yogurt maker owned by French dairy giant Lactalis, has appointed a new CEO and president in the shape of industry veteran Carlos Altschul.
The company, which Lactalis announced it was acquiring in January, said that with the rise in consumer demand for cleaner foods with lower sugar, such as the Icelandic skyr product, it views this as the optimal time to catapult Siggi’s forward and sees Altschul playing a critical role in helping it achieve that goal.
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Prior to joining Siggi’s, Altschul was vice president of sales at Stonyfield, where he led field sales, go-to-market strategies and shopper marketing across the brand’s portfolio. He also previously held senior positions at Danone, where he oversaw sales strategy and category management under the master brand portfolio.
Altschul replaces Bart Adlam, Siggi’s former president and CEO, who has left the company to “pursue a new business opportunity”.
Siggi Hilmarsson, founder of Siggi’s, said: “I’m very excited to have Carlos join the team. I’ve known him for quite some time and know he will be great for Siggi’s as we continue to grow.
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“Coming from Stonyfield, Carlos knows first-hand the importance of upholding our brand values of clean ingredient labels and lower sugar, the values which have made our brand so highly relevant today. His strong expertise in the yogurt category, both in natural and more traditional classes of trade, is also a great boon to the Siggi’s team.”
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By GlobalDataAltschul will oversee all aspects of the business, including bringing forward “new and aggressive go-to-market strategies and innovations, expanding distribution, and accelerating awareness and penetration growth”.
He said: “I’ve admired how Siggi’s has not only pioneered a new product segment in the category, but is also creating the next chapter for the entire yogurt category,
“I look forward to working closely with the team to establish a clear vision for what is next, and I am thrilled to be part of a company with such a tremendous growth trajectory.”
