Private-label ice cream giant Glacier has appointed Tunc Tezel as its new CFO.
Tezel joined Glacier in early May, after four years of service at private label hygiene product titan Ontex. Prior roles included positions as CFO at United Biscuits owner Pladis and British American Tobacco.
Tezel has replaced interim CFO Serkan Cagatay, who will continue to advise the business as senior financial adviser to Glacier’s private equity owner, Afendis.
“Tunc is a brilliant addition to the Glacier team,” said Glacier executive director Matt Frost.
“He brings extensive international finance and leadership experience that will be invaluable as we continue to grow and strengthen the business. Tunc joins us at an exciting point in Glacier’s journey as we consolidate our position as one of Europe’s leading ice cream manufacturers and target further international growth.”
In February, the €582m (£505m) revenue Glacier banked a €400m war chest to back its acquisition strategy and cement its position as Europe’s largest private label and contract manufacturer for ice cream.
Tezel said the role was an “exciting opportunity” to get to grips with the fast-moving ice cream segment.
“Matt and the team have built a strong reputation for quality, innovation and client service across the European market. I’m looking forward to working with them as we build on that base and become a global leader in ice cream manufacturing.”
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