Jørgen Vig Knudstorp facts for kids
Quick facts for kids
Jørgen Vig Knudstorp
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Born | Fredericia, Denmark
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21 November 1968
Education | Aarhus University (BEcon, MS, PhD) |
Occupation |
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Title | President and CEO of The Lego Group (2004–2017) |
Spouse(s) | Vanessa Knudstorp |
Children | 4 |
Jørgen Vig Knudstorp (born 21 November 1968) is a Danish businessman. He is best known for leading The Lego Group as its President and CEO from 2004 to 2017. He helped turn the company around and make it very successful. Today, he is the executive chairman of The Lego Group.
Contents
Early Life and Education
Jørgen Vig Knudstorp was born on November 21, 1968, in Fredericia, Denmark. He went to Fredericia Gymnasium for high school. After that, he studied at Aarhus University.
He earned a bachelor's degree in economics. He continued his studies at Aarhus University, getting a master's degree in 1995 and a PhD in economics in 1998. Before joining LEGO, he worked as a business consultant.
Leading the LEGO Group
Jørgen Vig Knudstorp joined The LEGO Group in 2001. He had previously worked as a consultant and university researcher. In 2004, he was chosen to become the new leader of the company.
Turning LEGO Around
When Knudstorp became CEO, LEGO was not doing well financially. Under his leadership, the company started making a lot of money again. By 2016, LEGO's yearly income had grown hugely. It went from 6.3 billion to 37.9 billion. This was a massive increase that showed how much the company had improved.
New Role at LEGO
In December 2016, it was announced that Knudstorp would step down as CEO. He then took on a new role as the chairman of The LEGO Group. This meant he would still guide the company but in a different way. Bali Padda became the new CEO after him.
Other Business Roles
After his time as CEO, Jørgen Vig Knudstorp also joined other big companies. In January 2017, he was asked to join the board of directors at Starbucks. Later, in 2019, he joined the board of Merlin Entertainments. Merlin Entertainments runs many popular attractions like Legoland Parks.
Personal Life
Jørgen Vig Knudstorp is married to Vanessa, who is a medical doctor. They have four children together.
See also
In Spanish: Jørgen Vig Knudstorp para niños