Amber Beverage Group acting CEO named best female CEO of the year
Amber Beverage Group
The Global 100 Annual Awards, consisting of the world’s leading firms and individuals, were announced in December 2020, after a selection process assessing various criteria across domestic and international markets, including complexity of work, strategic significance and ground-breaking innovation. Five nominees were selected in each category by the EMG Publishing Group’s readers and Amber Beverage Group is delighted that Jekaterina Stuģe has been voted the winner in the category of leading Female CEOs in Latvia.
Jekaterina joined the SPI Group as the CFO of the Baltic business unit in year 2014. She has participated in the development of Amber Beverage Group and since that time, she has worked across many parts of the business. While she holds the roles of CFO and COO in the Group, she was made Acting CEO in 2020. As an executive, she has overseen the company’s growth and now is set to reach the main ABG goal: to become a €1 billion company over the next five years.
The key objective of Jekaterina in her role as the acting CEO of Amber Beverage Group is to pivot the whole organisation by means of an innovation agenda. This includes development of new products, expansion in new markets and consumer segments, introduction of the latest technologies in AI and automation and reinvention of operational and production processes to achieve efficiencies.
In early 2020, when the global pandemic struck the beverage industry, Jekaterina was part of the management team that proactively focused on realigning ABG businesses to work within the new reality. Through effective cost management, streamlining internal processes, growth in production and a quick introduction of new brands, ABG exceeded its 2019 performance despite the pandemic.
Amber Beverage Group Acting CEO, Jekaterina Stuģe, says, “I am delighted to be the recipient of this prestigious award. I am proud of the team at Amber Beverage Group and what we have collectively achieved, especially during the pandemic. Despite the challenges in the industry, we are not waiting for the pandemic to end or the markets to re-open but are continuing to put together new solutions and new ideas, finding new channels and new approaches to market without delay.”
In the past Jekaterina has won several business awards including the prestigious Business Worldwide Global Corporate Excellence Award in such categories as The Most Innovative CFO – Latvia and The Strongest Growth Strategy Team in Europe. Finance Monthly Magazine has recognized Jekaterina as one of the strongest financial professionals in the region.
Other news from the department people
Oatly Names Jean-Christophe Flatin Chief Executive Officer
Accomplished Business Leader Promoted From Global President; Toni Petersson Transitions to Co-Chairman of Board of Directors
Kraft Heinz Announces Humberto Alfonso as New Independent Board Member
CPG Industry Veteran and Current EVP and CFO of Information Services Group, Inc. Joins Board and Audit Committee
Nobell Foods Hires Former Impossible Foods VP, Sergey Solomatin, as New Leader of Food Science and Product Development
Vamsi Mohan Thati appointed President Asia Pacific
Change in the Executive Committee of Barry Callebaut
Miyoko’s Creamery Announces Executive Transition
Leading Vegan Cheese Maker Commences CEO Search and Sets Innovation Pipeline for 2023
Anheuser-Busch InBev: Michaela Miedl is new Brewery Director
Predecessor Maria Degener moves in-house to Canada
Change of Executive Board member at Nestlé Germany: Alexander von Maillot succeeds Marc-Aurel Boersch
Impossible Foods Appoints First Chief Demand Officer, CPG Industry Executive Sherene Jagla, Following Record Year of Growth
Lauren Haldeman named editor-in-chief of the Journal of Nutrition Education and Behavior
Announcement follows retirement of Dr. Karen Chapman-Novakofski
Change in the Executive Committee of Barry Callebaut
Olivier Delaunay, Chief Operations Officer, to leave Barry Callebaut - Jo Thys appointed COO
Most read news
Extracting the best flavor from coffee
Understanding the origin of uneven extraction in brewing espresso can improve the beverage and enable substantial financial savings by using coffee more efficiently and sustainably
Paper-based packaging has a good eco-image
Study by the University of Bonn examines how the type of packaging influences purchase intention
What makes “junk food” junk?
Study examines how three decades of U.S. policies define junk food for taxation and other regulations
More news from our other portals
Newly developed hydrogel nanocomposite for the mass production of hydrogen
“This study makes great progress in the field of photocatalysis and showcases the potential of green hydrogen production at sea with world-class performance"
Microbe of the Year 2023: Bacillus subtilis – for health and technology
Already, Bacillus subtilis is indispensable in many industries, and many more innovations are expected
Electronic noses sniff out volatile organic compounds
Improving the fluid flow inside noselike chambers can enhance detection of harmful chemicals
Artificial photosynthesis for environmentally friendly food production
Researchers produce important amino acid from greenhouse gas CO₂
Artificial intelligence identifies anti-aging drug candidates targeting ‘zombie’ cells
New platform has potential to fuel advances in senolytic anti-aging compounds and longevity research
X-ray imaging captures fleeting defects in sodium-ion batteries
A Cornell-led collaboration succeeded in identifying an elusive mechanism that can trigger degradation in sodium-ion batteries
New concept for lithium-air batteries
Research project in Germany aims to improve the stability of this novel battery type
Researchers develop new method to synthesise cannabis plant compound
cis-tetrahydrocannabinoids can now be produced synthetically, enabling pharmaceutical applications
Researchers harvest abundant clean energy from thin air, 24/7
“The air contains an enormous amount of electricity”
Verder Group acquires ERWEKA
With this acquisition, Verder Scientific expands its portfolio to include dissolution and tablet testing equipment for the pharmaceutical and life science sectors
New catalyst transforms carbon dioxide into sustainable byproduct
Researchers create acetic acid out of carbon monoxide derived from captured carbon
Launching Revvity: A Scientific Solutions Company Powering Innovation from Discovery to Cure
The Company was previously affiliated with PerkinElmer, Inc.
Pall and Cytiva join forces
Cytiva and Pall Life Sciences complete integration to create a global innovation and solutions leader in biotechnology
The World’s Smallest Impedance Spectroscopy System in the Form of a Pill Finds Weak Spots in Machines and People
Small as a candy: Waterproof IoT sensor reliably measures the properties of liquids even in hard-to-reach places
New theory explains superconductivity in spun graphene trilayers
The study, carried out by CSIC scientists, lays the foundations for understanding the mechanisms of certain unconventional superconducting materials
Insilico Medicine-led study combines quantum computing and generative AI for drug discovery
“Quantum computing is recognized as the next technology breakthrough which will make a great impact, and the pharmaceutical industry is believed to be among the first wave of industries benefiting from the advancement”
New Start-up develops aquafarms for macroalgae
AWI and Carbonwave spin-off: Large algae simultaneously bind CO₂ and create raw materials for the chemical industry
Ultra-long protein fibrils give clues on dementia risk
"AFM technology has the potential to complement conventional biomarker tests and improve the early detection of Alzheimer's"
An electric vehicle battery for all seasons
New electrolyte for lithium-ion batteries performs well in frigid regions and seasons
3D-printed pills with desired drug release – a step upwards in medication
Funny looking pills are not a design gimmick, they can release medication in a desired time regime!
AI supports analysis of metallic materials
"With our specially developed algorithm, we are three times faster"
Scientists streamline a widely used chemical reaction, creating new manufacturing opportunities
This research should have a far-reaching impact: it allows scientists to forge valuable carbon-carbon bonds used in the pharmaceutical and agrochemical industries, and beyond
How to repel mosquitoes with the right soap scent
Virginia Tech researchers conduct proof-of-concept study on mosquito’s scent preferences