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30 November 2001

Board reshuffle

Carlsberg Breweries announced that Flemming Lin-deløv stepped down as CEO at the end of August and was replaced by Nils S. Andersen (43). Lindeløv has since taken up
the position as CEO of Royal Scandinavia, a company associated with Carlsberg. Carlsberg Breweries recently reduced ist 65% stake in Royal Scandinavia to 28% and intends to sell the remaining shares eventually in an effort to focus on its core beer and beverage business.
Lindeløv’s departure was accompanied by a rejuvenation, a widening of national diversity, and a scaling down of the ex-ecutive board from previously five to three members now. His colleagues in the Executive Board are Paul Bergqvist (55), the former President of Pripps Sweden, and Bjørn Eric Næss (47), the former CFO of Orkla..

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