New CFO in the LEGO Group
Sten Daugaard will become the LEGO Group’s new Chief Financial Officer (CFO) on July 1, 2008. At the same time he will become a member of the Group’s Corporate Management.
Sten Daugaard will become the LEGO Group’s new Chief Financial Officer (CFO) on July 1, 2008. At the same time he will become a member of the Group’s Corporate Management.
Sten Daugaard took a B.Com (Accounting) degree at Copenhagen Business School, and since the mid 1980s has worked almost exclusively outside Denmark, primarily in Germany. He joins the LEGO Group from a position as CFO and member of the Board of Management of the SGL Group.
Jørgen Vig Knudstorp, LEGO Group CEO:
“Sten Daugaard brings with him the kind of experience that matches the challenges and potential the LEGO Group has tackled in recent years and wishes to exploit in future. The LEGO Group has amply succeeded in reviving its business after its turnaround four years ago. Sten Daugaard will play a key role in the next phase of our corporate strategy – the growth phase – which we have already launched. It will be important to supplement investment in growth with firm business controlling.”