Oatly AB: Names New Chief Financial Officer

Malmö / SE. (oat) Sweden’s Oatly Group AB, the world’s original and largest oat drink company, announced the appointment of Marie-Jose David as Chief Financial Officer (CFO), effective October 01, 2023. David will lead Oatly’s global finance function, reporting directly to Oatly’s CEO Jean-Christophe Flatin. She succeeds Christian Hanke, who has served as CFO since 2020. Hanke, who assisted in the search process, has chosen to step down from the company and will continue to serve as CFO through September 30 to support the transition.

«I am delighted to welcome Marie-Jose to lead our global financial team as we enter our next phase of growth,» said Flatin. «We believe her impressive global and operational experience in scaling world-class and high-growth consumer brands will help Oatly as we expand into new markets, pursue profitable growth, and help convert more people to plant-based consumption.»

David brings more than two decades of global finance and leadership experience to Oatly, including significant operational experience with consumer brands. She most recently served as Chief Financial Officer at Mars Veterinary Health International, a division of Mars Petcare. Prior to Mars she was CFO Americas for Pandora, the world’s largest jewelry brand and Vice President, Finance for a professional product division unit at L’Oreal USA.

«I am excited to join the impressive, mission-led team at Oatly,» said Marie-Jose David. «Oatly is a values-driven, iconic brand redefining the global food system for the sake of our planet. I look forward to working with Jean-Christophe and the entire team to leverage Oatly’s innovative and great-tasting plant-based product portfolio to drive long-term growth and shareholder value.»

«I would like to thank Christian for his service to Oatly, including his leadership and contributions on public company readiness, our IPO process and most recent fundraising effort,» added Jean-Christophe Flatin. «His commitment and financial stewardship have been instrumental to the growth and global expansion we’ve achieved over the last several years, and he leaves the company in a position to continue its mission to convert more consumers to plant-based. We look forward to continuing to work with Christian through the transition process.»