Lego changes C.E.O. after just eight months.

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19 September 2017 à 11h49

Updated on 10 May 2019 à 17h38

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1 minute

Publication: 19 September 2017 à 11h49, Updated on 10 May 2019 à 17h38

Reading time: 1 minute

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Publication

19 September 2017 à 11h49

Updated on 10 May 2019 à 17h38

Reading time

1 minute

Publication: 19 September 2017 à 11h49, Updated on 10 May 2019 à 17h38

Reading time: 1 minute

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In a surprise move, the Danish toy firm replaced British C.E.O Bali Padda, appointed in December after serving at Lego for 15 years. He is replaced by Niels B. Christiansen (aged 51), former Head of the industrial firm Danfoss (heating, air conditioning, etc.) promoting his strongtechnology capabilities. The move happens as Lego’s turnover is slowing; in 2016, sales grew by 6% to US$5.4 billion after a decade of double digit growth. Children spend more time playing with smartphones and...

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