Danish Crown Appoints Niels Duedahl as CEO
(Bloomberg) — Danish Crown A/S hired Niels Duedahl from energy firm Norlys AS to lead Europe’s biggest pork producer as it combats flagging demand.
Duedahl, who has helmed Norlys since 2009, will start on Sept. 2, according to a statement on Monday. He takes over from Jais Valeur, who announced in June he was stepping down after nine years in the role.
The change of leadership comes as the company faces headwinds from dwindling consumption and African swine fever. It is scaling down operations by closing slaughterhouses and selling subsidiaries.
The company has also been selected as a case study for an anti-dumping probe by China in a tit-for-tat trade war with the European Union.
“Danish Crown is undergoing a thorough transformation, which I feel well equipped to lead,” said Duedahl.
He has also worked at firms including Nordea Bank Abp and Jyske Bank A/S
See also:
Jais Valeur to step down as Group CEO of Danish Crown
China approves imports of Danish Crown processed pork
Danish Crown closes slaughterhouse in Denmark
China Targets Danish, Dutch, and Spanish Firms in EU Pork Probe
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