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Niels Mikkelsen to expand IC Companys distribution channels

31
Mar '08
Niels Mikkelsen, who comes from a position as Nordic Country Manager for Esprit de Corp, replaces Henrik Theilbjørn as CEO of IC Companys A/S. Chris Bigler has been appointed member of the Executive Board.

As part of IC Companys A/S' continuing ambition to expand and develop its own distribution channels, the Board of Directors has taken on Niels Mikkelsen, 43, as CEO. Niels Mikkelsen joins the company not later than 1 August 2008, at the same time as the previous CEO, Henrik Theilbjørn, resigns from his position.

In this connection CFO Chris Bigler, 38, has been appointed member of the Executive Board. Hereafter, the Executive Board of IC Companys A/S consists of:

• Niels Mikkelsen, Chief Executive Officer (CEO)
• Mikkel Vendelin Olesen, Chief Operating Officer (COO)
• Chris Bigler, Chief Financial Officer (CFO)

CEO Henrik Theilbjørn, who has been in charge of an extensive turnaround since 2004, supports the Board's decision to strengthen the management with a sales and marketing oriented chief executive officer. He says: “I am pleased to see the progress and growth created and that earnings have reached a satisfactory level.

I agree that after the very significant internal and external tightening we have implemented during the last three years, it is the right thing to do for IC Companys A/S to get a man on board, who has documented experience in working with several distribution platforms and not least in streamlining the platforms”.


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