NewCold recently announced changes to its leadership and organization structure as it continues its transformation into a faster, leaner and more agile company poised for global growth, the company said. The changes are designed to further strengthen the execution of the company’s strategy in regional markets. The new, simpler management structure will provide greater clarity on responsibilities, and new reporting lines will strengthen leadership accountability and long-term stewardship.
“NewCold prides itself on its disciplined execution, deep industry expertise and its entrepreneurial mindset. These important changes ensure that NewCold is future-fit, helping us to unlock our full potential and successfully manage rapid growth across our global footprint. Our leadership team is purpose-built for collaboration and poised to take NewCold to another level and set standards to which others aspire,” NewCold Chairman and Founder, Bram Hage said.
The organizational changes will see NewCold’s operations, by regions or countries, led by management teams, replacing the traditional role of a managing director. The newly created roles, all based in the European headquarters, report to Hage.
Abhy Maharaj has been appointed executive VP Business and Growth. He will be responsible for strategy and investment capital, customer and business development and people and brand.
Hans Otto has been appointed executive VP Development. He will be responsible for greenfield development program management, engineering and industrial design.
Frank Huckschlag has been appointed executive VP Global Operations. He will be responsible for operations continuous improvement, and supply chain strategy.
Jos van Rijswijk has been named executive VP Group Finance. He will be responsible for accounting, treasury, tax, business performance reporting and finance CoE.
David Sanders has been appointed executive VP Group Legal and Governance. He will be responsible for external counsel, legal advice and governance.
The newly created role of Executive VP Technology and Innovation is still subject to an appointment. The role will be responsible for NewCold’s proprietary software and automation technology, security, IT infrastructure, technology and innovation.
Hage said: “This is a formidable team of leaders that bring with them a strong track record of success. Together they will drive our performance and help deliver our growth ambitions. This announcement reinforces our commitment to invest in our business and address the many evolving opportunities in the region, while also supporting NewCold’s overall transformational organizational plan to better serve our fast-moving and growing markets with increased speed and capabilities.”