Danish Crown Chairman resigns amid unrest
Asger Krogsgaard, chairman of Danish Crown, resigns following a letter from major shareholders suggesting an external chairman appointment to provide experienced guidance to management. He emphasizes that he doesn’t want his role to distract from reviewing new statutes, proposing to allow a non-shareholder chairman. The search for his replacement has begun. Danish Crown faces internal disagreements and economic challenges, exemplified by the recent resignation of Vice-Chairman Thomas Kjær and the closing of the Ringsted slaughterhouse, impacting 1200 employees due to falling pig prices. The company’s assembly will discuss the statutes in Randers on September 5th. Niels Duedahl will succeed Jais Valeur as CEO next Monday, moving from his position at Norlys.