Danish toy maker Lego says finance chief to step down
- Futures flat as countdown to Trump's inauguration begins
- Netflix, Inc. (NFLX) Tops Q4 EPS by 1c; Subs Beat Views
- Apple (AAPL) PT Raised to $140 at BofA/Merrill Lynch; iPhone 8 Will be 'Super-Long' Cycle
- Morgan Stanley Upgrades Tesla Motors (TSLA) to Overweight
- Oil rallies from one-week low as IEA sees tighter market
John Goodwin, CFO of Danish toy company Lego Group delivers his speech during the annual news conference in Billund, Denmark March 1, 2016. REUTERS/Fabian Bimmer
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
COPENHAGEN (Reuters) - Danish toy maker Lego A/S said on Tuesday its chief financial officer John Goodwin will leave the post after four years with the company.
Goodwin will leave Lego at the end of June 2017, and the process for appointing a successor is underway, it said.
"Through his strong strategic mindset and relentless focus on executional excellence, John has been a key enabler for us in managing the incredible growth we have experienced over the past years," CEO Jorgen Vig Knudstorp said in a statement.
The company has increased sales by an average of more than 15 percent per year in the last 12 years, and the company has overtaken My Little Pony producer Hasbro (NASDAQ: HAS) to become the world's second-largest toy maker.
(Reporting by Jacob Gronholt-Pedersen, editing by Louise Heavens)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Japan hotelier's Nanjing Massacre denial sparks tourism boycott calls
- Banks put 'hard' Brexit move plans into action
- Saudi's SABIC still keen on Exxon Mobile venture in U.S., looking for more
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!