Lego appoints new chief executive

File: Lego announced the appointment of Niels B. Christiansen to replace Bali Padda as chief executive on Thursday. Photo: Scanpix Denmark/Ida Guldbaek Arentsen/via REUTERS

COPENHAGEN - Lego has appointed Niels B. Christiansen to replace Bali Padda as chief executive, the Danish toymaker said on Thursday.

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Christiansen was chief executive of the unlisted Danish thermostat maker Danfoss until last month, a position he took up in 2008.

Padda, who took over as chief executive for Lego eight months ago, was Lego's first foreign CEO.

Padda will take on a special advisory role with the LEGO Brand Group, the company said. 

Reuters

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