Oatly Group AB announced it has expanded its executive leadership team with the addition of two senior consumer packaged goods industry veterans. Jean-Christophe Flatin has been named as Oatly's Global President and Daniel Ordonez has been named Chief Operating Officer. Peter Bergh, Oatly's current Chief Operating Officer, has been named Chief Strategy Officer.

All of these changes are effective June 1, 2022. Mr. Flatin joins Oatly with over 30 years of experience at Mars, which included managing high-growth brands and leading global organizations. Mr. Ordonez joins Oatly with almost 30 years of experience in consumer packaged goods, primarily at Danone and Unilever.

Most recently, at Danone, Mr. Ordonez served as the Chief Growth Officer of the Dairy and Plant-Based division and then as President of Danone Iberia. As Oatly's Chief Operating Officer, Mr. Ordonez will lead and support business operations and development in new and existing markets, and he will also report directly to Mr. Petersson. In his new role of Chief Strategy Officer, Mr. Bergh will be responsible for leading global strategic and business development initiatives that will further the Company's mission to convert traditional dairy users to Oatly consumers.

Mr. Bergh will continue to report directly to Mr. Petersson. Jean-Christophe Flatin has over 30 years of experience and has a demonstrated track record of executing operational initiatives, integrations, and transformations at Mars. Daniel Ordonez has almost 30 years of experience in consumer packaged goods with a proven track record of success growing billion-dollar brands across multiple product categories.