The start of a new year is a time for pivotal changes and new pathways. This is the case as Oatly Group AB has announced that Björn Öste, a member of its Board of Directors, has revealed plans to step down in order to pursue other interests.
“It’s been a privilege to have been a part of the Oatly team, first as a Co-Founder beginning in the 1990s and then as a non-executive board member over the last five years,” said Öste. “Toni Petersson and the management team have been instrumental in helping Oatly take the necessary strategic growth actions to succeed across three continents since becoming Chief Executive Officer in 2012, and the company remains very well positioned for future growth while preserving the power of the Oatly brand. I consider myself very fortunate to have worked with such a dedicated and talented team globally.”
Öste’s departure from the Oatly Board of Directors went into effect December 31, 2021, according to a press release.
Upon Öste’s leaving, the Board now consists of 12 Directors, 10 of whom are independent.
“On behalf of the entire organization, I’d like to thank Björn for his contributions to Oatly, including his relentless pursuit of innovation that helped build the company that we all have the pleasure to be a part of today,” commented Eric Melloul, Chairman of the Board of Directors. “We have appreciated his insightful business perspective and wish him well in his future endeavors.”
With a spot now open on Oatly’s Board of Directors, who might be the next to step into help guide the plant-based purveyor toward future growth? Only time and Deli Market News will tell, so keep clicking back.