Professional Summary
Professional Overview
Mike Ohmstede is an experienced executive with a strong background in the consumer goods and beverage industries. As the Chief Commercial Officer at fairlife, LLC, he is responsible for leading the company's commercial strategy, driving sales growth, and expanding its market presence. With a keen focus on investments and emerging brands, Ohmstede also serves as the Vice President, Investments and Ventures Leader in the Venturing and Emerging Brands (VEB) division at The Coca-Cola Company.
Experience Summary
Current Role
As the Chief Commercial Officer at fairlife, LLC, Ohmstede is responsible for overseeing the company's commercial operations, including sales, marketing, and brand management. He has played a pivotal role in growing fairlife's product portfolio and expanding its distribution channels, contributing to the brand's increased market share and enhanced visibility within the dairy and alternative milk categories.
Ohmstede's additional role as the Vice President, Investments and Ventures Leader, Venturing and Emerging Brands (VEB) at The Coca-Cola Company, allows him to leverage his expertise in identifying and nurturing promising new brands. In this capacity, he actively seeks out innovative opportunities, evaluates investment prospects, and provides strategic guidance to help emerging brands within The Coca-Cola Company's portfolio achieve sustainable growth.
Career Progression
Prior to his current positions, Ohmstede held several leadership roles within The Coca-Cola Company, including Vice President Finance- CCNA Retail Business Unit, Chief Administrative Officer of the Coca-Cola Fountain Business Unit, and CFO of the Central Europe, Eurasia & Middle East Group. These roles have provided him with a deep understanding of the company's operations, financial management, and strategic decision-making processes.
Ohmstede began his career as a Manager at Ernst Young, where he gained valuable experience in financial analysis and consulting, which has informed his approach to driving business performance and evaluating investment opportunities.
Academic Background
Ohmstede holds a Bachelor's degree, with a focus on finance and accounting. His academic background has provided him with a strong foundation in financial management and data-driven decision-making, which he has effectively applied throughout his professional career.
Areas of Expertise
- Beverage and consumer goods industry expertise
- Commercial strategy and sales management
- Brand development and marketing
- Financial analysis and investment evaluation
- Mergers, acquisitions, and integration
- Emerging brand identification and nurturing
- Cross-functional leadership and team management
Professional Impact
During his tenure at The Coca-Cola Company, Ohmstede has played a pivotal role in the successful integration of several acquisitions, contributing to the company's growth and diversification. He has also been instrumental in identifying and investing in promising emerging brands, helping to expand The Coca-Cola Company's portfolio and capture new market opportunities.
At fairlife, LLC, Ohmstede has driven the brand's commercial expansion, contributing to its increased market share and recognition as a leader in the dairy and alternative milk categories. His strategic vision and operational expertise have been crucial in positioning fairlife for continued success.
Conclusion
With his extensive experience in the consumer goods and beverage industries, coupled with his proven track record of driving business growth and investment strategy, Mike Ohmstede is a highly valuable asset to both fairlife, LLC and The Coca-Cola Company. His strategic leadership, financial acumen, and industry expertise make him well-positioned to continue delivering significant value and contributing to the success of the organizations he serves.
