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DLG Group Announces CEO Transition after 12 years of Kristian Hundebøll’s Leadership

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DLG Group Announces Leadership Transition

Business Honor
09 July, 2024

Group’s COO Jesper Pagh, will assume the role of interim CEO from September 1 until a permanent successor is chosen

DLG Group, a key player in the European agricultural sector, is set for a leadership shift as Kristian Hundeboll, the group’s CEO for the past 12 years, prepares to retire by August 31st. DLG's strategic focus and financial performance have been significantly enhanced under his leadership, with the company’s profit increasing from $48 billion in 2012 to $67 billion in 2023.

Board Chairman, Niels Dengso Jensen emphasized the importance of continuous improvement and competitiveness by acknowledging Handeboll’s important role in guiding DLG to its current powerful position. Jensen announced that the Group’s COO Jesper Pagh, will assume the role of interim CEO from September 1 until a permanent successor is chosen. Reflecting on his career, Hundeboll expressed pride in DLG’s achievements during his tenure and indicated his preparations for a new chapter both professionally and personally. With its cooperative ties with 30,000 Danish farmers, DLG operates extensively in feed production and agricultural products across Europe. The company's hunt for a new CEO represents a turning point in its history as it strives for consistent development and innovation in the agriculture sector.

A reception is being held at DLG’s headquarters in Fredericia, Denmark, on August 29 in honor of Kristian Hundeboll’s contribution, marking the end of an era under his leadership.