Quorn Foods is undergoing a significant leadership change following a challenging financial period.
Marco Bertacca, the current chief executive, is stepping down after five years at the helm of the plant-based food company. This decision comes in the wake of Quorn’s parent company, Marlow Foods, reporting a substantial financial loss of £63 million and recording its lowest sales since 2017. The decline in sales is attributed to a reduced demand for vegan products.
Taking over the leadership role is David Flochel, a former managing director at Heineken UK, who is set to begin his duties next month. Flochel brings a robust resume, having recently led the management team at Haleon, a business in the nicotine replacement therapy sector. His past experiences also include serving as CEO of Selecta Group and regional president at Mars Drinks.
Flochel has expressed his commitment to revitalize the company’s direction, stating that 2025 will be a ‘reset’ year for Quorn. He sees this transition as a timely opportunity to propel the business into a new phase of growth. ‘Quorn Foods has a strong history of success, but 2025 will be a reset year for the company,’ Flochel affirmed. ‘This is a brilliant opportunity to transform the business into the next stage of its journey.’
Meanwhile, Bertacca has reflected positively on his tenure, despite the recent downturn in growth. Under his leadership, Quorn has enhanced its retail market share, achieved consistent growth in foodservice and quick service restaurant sectors, and launched the new Marlow Ingredients business unit. ‘It’s been a huge privilege and honour to have played a part in accelerating Quorn’s mission to tackle climate change through great-tasting, sustainable food,’ remarked Bertacca.
This leadership transition at Quorn signals a strategic shift aimed at revitalising the business amidst challenging times.