Inside LEGO's Leadership: CEO Niels Christiansen
Meet LEGO's CEO: Niels B. Christiansen
Niels B. Christiansen has been at the helm of The LEGO Group since October 2017. With a background in engineering and business, he previously served as CEO of Danfoss, a Danish engineering company. Under his leadership, LEGO has focused on sustainability, digital innovation, and global expansion. Notably, in 2024, LEGO reported a 26% increase in operating profit, reflecting the company's robust performance under his guidance.
Is LEGO Still Family-Owned?
Yes, LEGO remains a family-owned enterprise. The company is owned by KIRKBI A/S (75%) and the LEGO Foundation (25%). KIRKBI A/S is the holding and investment company of the Kirk Kristiansen family, descendants of LEGO's founder, Ole Kirk Christiansen from reports on Forbes.
Executive Compensation at LEGO
Specific details about Niels Christiansen's salary are not publicly disclosed. However, as CEO of a major global company, his compensation package likely includes a combination of salary, bonuses, and other incentives, reflecting industry standards for executive remuneration according to Business Insider.
Related: From Wooden Ducks to World Domination: How LEGO Built an Empire Brick by Brick
Ownership Breakdown: Who Holds 25% of LEGO?
The LEGO Foundation owns 25% of The LEGO Group. The foundation aims to inspire and develop the builders of tomorrow by redefining play and reimagining learning. It works to change the way people understand the importance of play and its role in equipping children with essential skills for life in the 21st century.
LEGO's enduring success is a testament to its strong leadership and commitment to innovation, sustainability, and education. With Niels Christiansen steering the company and the Kristiansen family's continued involvement, LEGO is poised to build on its legacy for generations to come.
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