In 2010, as a step in the scheduled international expansion of pierre.dk Autolakering A/S, Pierre Legarth sold his majority shareholding in pierre.dk Autolakering A/S to Maj Invest Equity A/S. pierre.dk A/S is currently market leader in Denmark and Sweden and is expanding in Germany.
To increase the rate of growth and international expansion at pierre.dk Autolakering A/S, a decision has been reached to further boost the management team.
As of 1 June, Pierre Legarth will replace Jens Due Olsen as Chairman of the Board, an important step which brings Pierre into pole position. Jens Due Olsen will continue to hold a seat on the Board of Directors. At the same time CFO Bo Jacobsen is appointed new CEO. Working closely with Pierre Legarth and the Board, Bo has been responsible for pierre.dk’s expansion in Sweden and Germany in the last four years.
Finally, Production Manager for the past 12 years, Stefan Hansen, is appointed Production Director. Working in close partnership with country managers and the executive management team, Stefan will optimise production processes and the production organisation at the company’s 30+ production facilities.
As Chairman of the Board, Pierre Legarth will drive pierre.dk’s strategy and substantial development. Pierre will therefore continue to negotiate and maintain contact with strategic partners. Working with Bo and Stefan, he will also seek to acquire more auto body repair and paint shops in Sweden and Germany.
Bearing in mind that, in building pierre.dk Autolakering A/S, Pierre Legarth spearheaded the ongoing development and professionalisation of the auto paint branch in Denmark, Jan Hove Sørensen, partner in Maj Invest Equity A/S, says, “We are very pleased to appoint Pierre Legarth as Chairman of the Board. His appointment ensures that the company will continue to benefit from its founder’s more than 30 years of experience and insight into the branch. We are also pleased that the company can continue to draw on Jens Due Olsen’s competences as member of the Board.”
Pierre Legarth says: “I’m delighted and indeed proud to note that my successor is someone whose talent we have nurtured within the company. It shows that pierre.dk has strong resources also in terms of leadership skills. Bo and Stefan’s impact and pierre.dk’s many competent and committed country managers, departmental managers and employees will continue to ensure that pierre.dk maintains its leading market position and continues to create outstanding value for the company’s customers, shareholders and other stakeholders.” He smiles and concludes, “In my new role as Chairman, I will be in a position to follow the company closely, act as consultant to the executive management team and ensure that the company maintains its course.”
Jens Due Olsen, who has been Chairman of the Board at pierre.dk for the past five years, commented on the leadership changes: “I relish the prospect of continuing to work with Pierre Legarth, Maj Invest Equity A/S and the executive management team on converting pierre.dk into an international company. I consider Pierre’s appointment as Chairman of the Board at this time to be the natural step to take because it brings him to the helm of pierre.dk Autolakering A/S – where he will be even more deeply involved in strategic management and steering the company’s future.”
For further details, contact Pierre Legarth and Jens Due Olsen at firstname.lastname@example.org