Swedish vegetable oils and fats firm AarhusKarlshamn AB (AAK.SK) Friday said it is launching a new "corporate program" aimed at supporting organic growth, and appointing a number of new managers including a new Chief Financial Officer.

 
   MAIN FACTS: 

-Fredrik Nilsson, Director Group Controlling and Investor Relations, has been appointed CFO succeeding Peter Korsholm who has decided he wants to spend more time to pursue a number of personal engagements.

-An Asian division will be established and lead by Torben Friis Lange, Friday President Asia, Europe and Africa.

-A European division will be established and lead by Jens Wikstedt, who joins AarhusKarlshamn from Schneider Electric.

-The new corporate program, named AAKtion, will put additional focus on sales, innovation and execution.

-Shares closed Thursday at SEK412.

Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com

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