Former Lego CEO steps down from board as part of generation shift

Reuters

Published Mar 26, 2019 04:13AM ET

Former Lego CEO steps down from board as part of generation shift

COPENHAGEN (Reuters) - Former President and CEO of Danish toymaker Lego, Kjeld Kirk Kristiansen, will step down from the the board of the toymaker at the general meeting in April, the company's owner said on Tuesday.

"This is a completely natural next step in the generation shift," said Chief Executive Soren Thorup Sorensen of Kirkbi, the family holding company behind Lego.