Movers and shakers: Arla Foods Ingredients names new CEO, RABDF welcomes HSBC man as president

Arla Foods Ingredients CEO Henrik Andersen is set to step down as CEO ‘to explore a new career path’ but will consider remaining part of the board of the dairy co-op. Replacing him at the helm of the ingredients division is the current vice-president commercial Luis Cubel, who has been at AFI since 2002 and will commence his new role on February 1, 2024.

Luis Cubel has been appointed CEO of Arla Foods Ingredients. Image: AFI

Andersen has been part of Arla Foods since 1994 but has chosen to ‘dedicate the coming years to work on diverse projects and explore opportunities to serve as a board member’, Arla said in a statement.

“I have been part of a fantastic development in AFI for many years, and feel proud of what we have achieved working together,” said Andersen. “It has been a journey of discovering and delivering powerful nutrition, and I continue to see great potential for sustainable growth. We have come a long way with our Strategy26 implementation and soon we will begin work to craft our next strategy – therefore I think it is a good time for me to move on, and let a new leadership take charge of this process.“

Andersen has served as the subsidiary’s CEO since 2010, overseeing AFI’s development in an increasingly competitive market. AFI’s initial strategy relied on utilizing the co-op’s own whey, through later forging sourcing agreements with other Danish suppliers and dairies in Norway and Sweden and finally to a global expansion into Argentina in 2001 and a JV with Germany’s largest dairy co-operative DMK.

Cubel’s ties with Arla Foods Ingredients go back to 2002, including positions as a general manager in Germany for three years until AFI was separated from Arla as a separate subsidiary.