Earlier today, LEGO has released two press releases regarding the future of management at the company. The first one is in regards to LEGO appointing a new CEO to replace Jørgen Vig Knudstorp in 2017.
… ContinueThe LEGO Group has announced that Bali Padda, current Chief Operations Officer, is appointed CEO of the company as of January 1, 2017.
Bali Padda takes over from Jørgen Vig Knudstorp who will head up the new entity LEGO Brand Group.
Bali Padda has been with the LEGO Group for 14 years and is at present heading up Operations while at the same time being overall responsible for people and organisational development. During the past ten years, he has been a member of the LEGO Group’s top management.
Commenting on the appointment of Bali Padda as CEO, Niels Jacobsen, Chairman of the Board of Directors of the LEGO Group, says:
“Bali Padda has a fantastic track record in the LEGO Group with more than 14 years of experience especially within supply chain functions, but more recently also focusing on people and organisational development. Bali has demonstrated an ability to drive the changes required in operations through the significant growth we have experienced during the past years. I am confident that Bali will continue to develop the company in close cooperation with management.”
Thomas Kirk Kristiansen, fourth generation owner of the LEGO Group, comments:
“Bali possesses the right LEGO mindset. He has a deep knowledge of our entire company, a very clear sense of what we need to do to take the
