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Former Danfoss boss becomes CEO at Lego

DENMARK: Former Danfoss CEO and president Niels B Christiansen, who left in July after 13 years with the company, has been appointed CEO of famous Danish toy manufacturer Lego.

Niels joined Danfoss in 2004 as executive vice president and a member of the executive committee for Danfoss A/S.  He became chief operating officer in 2005, vice-CEO in 2006 and president and CEO in 2008.

He stepped down at the beginning of July to be replaced by Kim Fausting.

The Lego appointment takes effect on October 1.

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