Danish Crown VP resigns after clashing with board members

By Oscar Rousseau

- Last updated on GMT

Danish Crown said it still has "great confidence" in its £1.2bn UK market
Danish Crown said it still has "great confidence" in its £1.2bn UK market

Related tags: Danish crown, Vice president, Pork

Danish Crown’s vice president Flemming Enevoldsen, who heads up the company’s subsidiary Tulip, has resigned by mutual consent after a number of high-level strategic disagreements over the UK market.

Fleming Enevoldsen was a big deal at Danish Crown: he acted as group executive vice president for close to a decade and was in charge of the UK business Tulip since 2012. But a number of run-ins with the rest of Danish Crown’s top brass resulted in his dramatic resignation this week.
 
Enevoldsen and the board failed to see eye-to-eye on how to address the company’s declining competitiveness in the UK pork industry - a key market for the company.

‘Confidence’ in UK pork

We have over a period [of time] witnessed that we are losing competitiveness in this important market, where we are involved in both slaughtering, sales of fresh meat and processed products, said Danish Crown’s chairman Erik Bredholt in a company statement. “As a group we can not accept this development to continue [sic].​”

The statement said the company recognised there was a “strategic disagreement​” with Enevoldsen and the board over how the challenges in the UK pork market should be addressed moving forwards.

Through its subsidiary Tulip, Danish Crown is responsible for 5,900 UK jobs across 15 production sites and the company still has a “great confidence​” in the market.

It’s a market that has proved to be particularly fruitful for Danish Crown too after it posted DKK11.7bn (£1.2bn) in turnover for its last full-year trading report. The company expects “substantial positive earnings​” for Tulip during the current financial year.

Related topics: Meat

Related news

Show more

Follow us

Products

View more

Webinars