Danko Maras was appointed Almarai's Chief Financial Officer in April 2020 and stepped down effective July 1, 2026, following a six-year tenure, citing family reasons. Based in Saudi Arabia, Maras brought extensive international financial leadership experience to the dairy and food production company.
He holds a General Management Program (GMP) degree from Harvard Business School and a Bachelor of Science in Business Administration and Economics from Uppsala University. His career across multiple sectors positioned him as a strategic financial leader capable of managing complex global operations.
Career history
- Chief Financial Officer, Almarai Company (2020–2026)
- Group Chief Financial Officer, Intrum (credit management services), appointed 2018
- Chief Financial Officer, Cloetta (confectionery), 2012–2018, including interim CEO for five months in 2016–2017
- Chief Financial Officer, Leaf International, 2010–2012
- Senior leadership roles at Unilever across multiple geographies for 18 years, including Chief Financial Officer and Chief Operating Officer, Unilever Nordic (2008–2010) and Chief Financial Officer, Supply Chain (North America), Unilever USA
What Danko Maras could bring to his outgoing CFO role at Almarai: His documented experience transforming complex, multinational FMCG organizations positions him to have strengthened Almarai's financial architecture during a critical growth phase. His previous work demonstrated instrumental contributions to group transformation and building strong financial positions, skillsets directly applicable to steering the Saudi Arabian dairy producer's strategic direction and capital management during his tenure.
Facts compiled by Executive Moves from publicly available news and press releases on 30 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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