Lego says thank you to Padda and hires Christiansen as new CEO
- 7 years ago
Danish toy giant Lego has removed its British boss of only eight months from the job.
Bali Padda was Lego’s first non-Danish boss, but at 61 the company decided a change was needed at the top to establish a longer tenure and continuity. Niels Christiansen, the former chief executive of industrial technology company Danfoss is taking over.
Today we celebrate our 85th birthday! What’s your most cherished LEGO memory? #LEGO85 pic.twitter.com/EwWbg9ehHU— LEGO (@LEGO_Group) 10 août 2017
The company warned Padda, a 15-year veteran at the company, that it would look for a younger leader, but had not expected to find one so soon. Christiansen is 51.
Padda is credited with helping save Lego, a privately-owned firm, from near bankruptcy 13 years ago.
It all started on a carpenter’s workbench 85 years ago today…❤ #LEGO85 pic.twitter.com/wAr8GKjBQY— LEGO (@LEGO_Group) 10 août 2017
Bali Padda was Lego’s first non-Danish boss, but at 61 the company decided a change was needed at the top to establish a longer tenure and continuity. Niels Christiansen, the former chief executive of industrial technology company Danfoss is taking over.
Today we celebrate our 85th birthday! What’s your most cherished LEGO memory? #LEGO85 pic.twitter.com/EwWbg9ehHU— LEGO (@LEGO_Group) 10 août 2017
The company warned Padda, a 15-year veteran at the company, that it would look for a younger leader, but had not expected to find one so soon. Christiansen is 51.
Padda is credited with helping save Lego, a privately-owned firm, from near bankruptcy 13 years ago.
It all started on a carpenter’s workbench 85 years ago today…❤ #LEGO85 pic.twitter.com/wAr8GKjBQY— LEGO (@LEGO_Group) 10 août 2017