The LEGO Group has announced that Mads Nipper will be resigning from the company and will become the CEO of Grundfos, a Danish company that is a global leader in advanced pump solutions. He will be joining the company on August 1st. Mads has been with The LEGO Group since 1991 and has had a number of senior positions in marketing and innovation. CEO Jørgen Vig Knudstorp has commented:
Mads has been instrumental in the transition of our company over the past ten years. His vast experience and informal approach combined with his true passion for the LEGO brand are all factors that have contributed greatly to our success in recent years. While I am very sorry to see Mads go, I am equally confident that the strong capabilities and robust organisation that Mads has built within the Marketing area will secure a smooth transition over the coming months.
Mads has also given his comments on his new position:
I am looking very much forward to be a part of the Grundfos Group. I have chosen Grundfos, because it is a value based company, who through quality products enhance the lives of the customers while doing something good for the world at the same time. I have enjoyed every minute of LEGO, a great company with great products and great people. Now it’s time for some new and exciting challenges for me, and I am looking forward to that
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