Christer Aberg - Orkla ASA CEO

ORK Stock  NOK 79.00  0.05  0.06%   

CEO

Mr. Christer B. Aberg was appointed Executive Vice President Member of the Group Executive Board of Orkla ASA and Chief Executive Officer of Orkla Confectionery Snacks effective as of August 1 2013. Most recently he was employed as Executive Vice President Arla Foods and CEO Arla Foods AB from 2009 until 2013. He previously held the position of Managing Director of Atria Scandinavia and several managerial roles at Unilever and Unilver Nordic from 1987 until 2004. From 2004 to 2006 he was Managing Director of HPC Unilever. Mr. Aberg is Economist and has degrees in Business Management and Finance from IHM Business School in Stockholm. since 2013.
Age 48
Tenure 11 years
Phone47 22 54 40 00
Webhttps://www.orkla.no

Orkla ASA Management Efficiency

The company has return on total asset (ROA) of 0.0617 % which means that it generated a profit of $0.0617 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1344 %, meaning that it generated $0.1344 on every $100 dollars invested by stockholders. Orkla ASA's management efficiency ratios could be used to measure how well Orkla ASA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 10.73 B in total debt with debt to equity ratio (D/E) of 32.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Orkla ASA has a current ratio of 1.27, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Orkla ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Orkla ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Orkla ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Orkla to invest in growth at high rates of return. When we think about Orkla ASA's use of debt, we should always consider it together with cash and equity.

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Orkla ASA engages in the branded consumer goods, renewable energy, real estate, and financial investment businesses. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. ORKLA ASA operates under Household Consumables Manufacturers classification in Norway and is traded on Oslo Stock Exchange. It employs 18510 people. Orkla ASA (ORK) is traded on Oslo Stock Exchange in Norway and employs 21,423 people.

Management Performance

Orkla ASA Leadership Team

Elected by the shareholders, the Orkla ASA's board of directors comprises two types of representatives: Orkla ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orkla. The board's role is to monitor Orkla ASA's management team and ensure that shareholders' interests are well served. Orkla ASA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Orkla ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lars Dahlgren, Director
Lisbeth Pallesen, Director
Janne Halvorsen, Director, Employee Representative
Hkon Mageli, Corp Director
Christer Aberg, Member of the Group Executive Board; CEO of Confectionery & Snacks
Sverre Josvanger, Director, Employee Representative
Rune Helland, Senior Vice President of Investor Relations
Jens Staff, CFO, Executive Vice President Member of the Group Executive Board
Harald Ullevoldster, CFO VP
Terje Andersen, CFO, Executive Vice President Member of the Group Executive Board; CEO and Head of Orkla Investments
Ingvill Berg, CEO VP
Hakon Mageli, Executive VP, Corporate Communications and Corporate Affairs, Member of the Group Executive Board
Atle NagelJohansen, Member of the Group Executive Board, Executive Vice President CEO Orkla Foods
Terje Utstrand, Director, Employee Representative
Ake Ligardh, Director, Employee Representative
Atle Johansen, Member of the Group Executive Board, Executive Vice President CEO Orkla Foods
Nils Selte, Director
Stein Hagen, Chairman of the Board of Directors
Peter Agnefjall, Director
Lisbeth Valther, Independent Director
Pal Eikeland, Member of the Group Executive Board, Head of Business Area Orkla Food Ingredients
Peter Ruzicka, President CEO
Christer Gronberg, Group Director, Human Resources and Member of the Group Executive Board
AnnBeth Freuchen, Executive Vice President CEO Orkla Confectionery & Snacks, Member of the Group Executive Board
Roger Vangen, Director, Employee Representative
Mattias Orrenius, Senior Vice President Investor Relations
Sverre Prytz, Exec Board
Johan Clarin, Executive Vice President Operations
Ingrid Blank, Director
Grace Skaugen, Deputy Chairman of the Board
Karin Hansson, Director, Employee Representative
Thomas Ljungqvist, Senior Vice President Investor Relations
Karl Tveter, Executive Vice President Legal Affairs, Member of the Group Executive Board
Kenneth Haavet, Ex Officer
Stig Nilssen, Executive Vice President CEO of Orkla Home & Personal Business Area, Member of the Group Executive Board
Liselott Kilaas, Director
Hege Brekke, CEO EVP

Orkla Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Orkla ASA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Orkla ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Orkla ASA's short interest history, or implied volatility extrapolated from Orkla ASA options trading.

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Please note, there is a significant difference between Orkla ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orkla ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orkla ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.