Palsgaard appoints Michael Skriver as new global CCO

DENMARK – Emulsifier manufacturer, Palsgaard has announced that Michael Skriver has joined the company as Chief Commercial Officer (CCO) effective  1st May 2021.

According to a statement from Palsgaard, Michael joins Palsgaard after a distinguished international career, most recently as CCO of AAK Asia.

He will be responsible for the further development of the company’s Sales, Application, Marketing and Product Management functions. He will be reporting to CEO Jakob Thøisen.

Commenting on the appointment, Palsgaard CEO, Jakob Thøisen said: “Michael brings a wealth of experience in strategic commercial development and international team-building. I am excited to have him on board to help drive our future global growth.”

Michael will be based at Palsgaard’s global head office in Juelsminde, Denmark, the company revealed in the statement.

 “I am delighted to be able to join Palsgaard at such an exciting time in their 100-year history,” said Michael.

He added that Palsgaard’s commitment to growing the business through sustainable and responsible actions “attracted me to accepting the challenging role of CCO

Demand for emulsfiers projected to grow

Michael is joining the company at a time when emulsifiers are in high demand globally.

The global emulsifiers market is expected to register a CAGR of ~6.4% to reach over USD 6.5 billion by the end of 2025, according to Market Research Future.

The growth of the global emulsifiers market is driven by the increasing use of emulsifiers in food products such as cereals, infant & child nutrition products, ready-to-eat meals & snacks, desserts, and others.

Additionally, the growing demand for packaged food products on account of convenience and improved shelf life is contributing to this growth.

The company addresses this growing demand through its specialised emulsifiers (and emulsifier/stabiliser systems, which it says improve the quality and extend the shelf-life of  food products.

 Its specialized emulsifiers are suitable for bakery, confectionery, condiments, dairy, ice cream, margarine and meat products.  

 The company is currently the world’s only commercial source of fully sustainable, emulsifiers based on RSPO SG-certified palm oil and produced by CO2-neutral factories in Denmark, the Netherlands, Mexico, Brazil, China and Malaysia.

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