Summary
Overview
Work History
Education
Skills
Websites
Timeline
Generic
Toms Didrihsons

Toms Didrihsons

CEO, Orkla Latvija
Riga

Summary

With over 20 years of work experience in the FMCG industry, half in financial positions, I'm a strategic leader with an eye on financial performance, who is passionate about creating value for customers, shareholders, and employees. Proven track record of leading and transforming businesses, driving growth and innovation, and building high-performing teams. Bringing diverse perspectives and experiences to the team, having worked in different roles, and having a background in finance, sales, business administration, and corporate governance. In current role, I have successfully integrated Orkla companies, achieving synergies, efficiencies, and growth across the portfolio of brands and categories. I have also established a clear vision and strategy for Orkla Latvija, focusing on the core of business. I have also strengthened the relationships with key stakeholders, such as retailers, suppliers, regulators, and media, to enhance the reputation and market position of Orkla Latvija. Additionally, I have empowered and developed the talent and capabilities of the organization, investing in training, coaching, and mentoring, and promoting a diverse and inclusive work environment. Some of the skills that I have applied and enhanced in my current role are strategic planning, team leadership, operations management, and business transformation.

Overview

19
19
years of professional experience
8
8
years of post-secondary education

Work History

CEO / Chairman of Board

Orkla Latvija
4 2019 - Current

Orkla Latvija, leading FMCG company in Latvia with total revenues of 118m'EUR and external EBIT margin of 8%. Number one brands in condiments, snacks, chocolate and biscuits in Latvia

Key milestones:

  • Developing strong teams of whom several have been promoted into new roles within Orkla
  • Merging Orkla Confectionery & Snacks Latvija with Orkla Foods Latvija and creating Orkla Latvija
  • Divestment of non-core businesses, such as bottled water/Everest, convenience foods/Pedro
  • Larger restructuring in supply chain: building new chocolate factory and re-allocation of production between Estonia and Latvia, moving biscuit production into newly build factory (OBP), moving souce production from central Europe to Spilva factory
  • Improving efficiencies across whole business value chain by optimizing total organization from 1'100 FTEs (2018) to 650 FTEs (2023)

Board Member

Latvian Federation of Food Companies
06.2015 - Current

Largest federation in Latvia representing foods and beverage industry. Lobbying, governmental relationships, PR

CEO / Chairman of the Board

Orkla Confectionery & Snacks Latvija
02.2017 - 04.2019
  • Team development
  • Turnaround case from loss making into profits
  • Culture building
  • Employer branding


Chief Financial Officer /Board Member

Orkla Confectionery & Snacks Latvija
08.2015 - 02.2017
  • Leading finance, accounting, IT and legal teams
  • Post-integration management

Integration Director

Orkla C&S Latvija
03.2015 - 08.2015
  • Integration lead of largest Orkla M&A in Latvia, NP Foods Group (brands like Laima, Selga, Gutta, Staburadze and other) into Orkla
  • Merging snacks business (Latfood) with confectionery and biscuits (NP Foods) and creating Orkla C&S Latvija

Chief Financial Officer

Orkla Foods Latvija
05.2008 - 03.2015

Orkla Foods Latvija - one of the leading foods companies ir Latvia, operating with the brand Spilva with annual revenues of ca 18 m'EUR and ebit 6%


  • Leading the team of FP&A, Accounting and IT, ca 15 people
  • budgeting, costing, reporting to Orkla central
  • Part of Orkla Foods Fenno-Baltic division
  • Small add-on acquisitions (ie spices, Latplanta)
  • Part of management team


Sales and Logistics Director

Orkla Foods Latvija
03.2006 - 05.2008

Acting Sales and Marketing Director

Orkla Foods Latvija
04.2005 - 03.2006

Financial Controller

Orkla Foods Latvija
5 2004 - 5 2005

Education

MBA - Graduate With Distinctions

Riga Business School
04.2007 - 04.2009

BBA - Banking And Financial Support Services

QUT (Queensland University of Technology)
Brisbane, Australia
04.2002 - 04.2005

B.A., International Business - undefined

Concordia International University Estonia
01.2001 - 04.2002

Strategic Leadership Programme - undefined

IMD Business School
01.2015 - 04.2016

Corporate Governance - undefined

Baltic Institute of Corporate Governance
01.2018 - 04.2018

Skills

Strategic Planning

undefined

Timeline

Corporate Governance - undefined

Baltic Institute of Corporate Governance
01.2018 - 04.2018

CEO / Chairman of the Board

Orkla Confectionery & Snacks Latvija
02.2017 - 04.2019

Chief Financial Officer /Board Member

Orkla Confectionery & Snacks Latvija
08.2015 - 02.2017

Board Member

Latvian Federation of Food Companies
06.2015 - Current

Integration Director

Orkla C&S Latvija
03.2015 - 08.2015

Strategic Leadership Programme - undefined

IMD Business School
01.2015 - 04.2016

Chief Financial Officer

Orkla Foods Latvija
05.2008 - 03.2015

MBA - Graduate With Distinctions

Riga Business School
04.2007 - 04.2009

Sales and Logistics Director

Orkla Foods Latvija
03.2006 - 05.2008

Acting Sales and Marketing Director

Orkla Foods Latvija
04.2005 - 03.2006

BBA - Banking And Financial Support Services

QUT (Queensland University of Technology)
04.2002 - 04.2005

B.A., International Business - undefined

Concordia International University Estonia
01.2001 - 04.2002

CEO / Chairman of Board

Orkla Latvija
4 2019 - Current

Financial Controller

Orkla Foods Latvija
5 2004 - 5 2005
Toms DidrihsonsCEO, Orkla Latvija