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Lego appoints 2nd CEO in 8 months

Lego appoints 2nd CEO in 8 months

The toy construction company Lego has appointed their second CEO in the space of eight months. Bali Padda, a British citizen and the very first foreign CEO to lead the Danish business, is out and Niels Christiansen, a Dane, is in – The Financial Times reports.

Christiansen is the former Director of Shipping at AP Moller-Maersk, as well as the ex-CEO of industrial giant Danfoss. The family-owned Lego is currently being aided by Jorgen Vig Knudstorp, the former CEO turned Executive Chairman, who reportedly saved the company from ruin in 2004.

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