The LEGO Group has appointed the former plant-based food company executive, Jesper Andersen, to the role of executive vice president and chief financial officer, as the company continues its mission to ‘bring play to more children around the world.’
Andersen will take up the role from October 1st this year, joining from Upfield, a leading plant-based food company whose brands include Flora and Becel, and where he has held the position of chief financial officer since 2018. Prior to this, he was the chief financial officer at Beiersdorf for three years.
Andersen will lead the LEGO Group’s finance team which includes strategic financial planning and reporting, audit, tax, treasury, as well as the company’s legal compliance and risk management, strategy and trnasformation. He will report in to the LEGO Group’s chief executive officer, Niels B Christiansen. He will also sit on the company’s executive leadership team.
The CFO began his career at Colgate-Palmolive where he spent more than 20 years as a finance executive, holding leadership roles in Europe, Asia and North America.
Niels B Christiansen, CEO the LEGO Group, said: “Jesper’s extensive global experience as a Chief Financial Officer will benefit the LEGO Group well as we drive towards achieving our ambition of bringing play to more children around the world. He is a values-driven leader with a strong track record developing world-class teams focused on delivering long-term sustainable growth.”
Andersen added: “It is a dream come true to work for an iconic company such as the LEGO Group. I have always admired the company, its mission-driven culture and ambition to develop future generations through play.
“I am also excited about returning to Denmark and work for a family-owned company that thinks long-term and seeks to have a positive impact on children, partners, employees and society at large.”
Andersen holds a Masters in Business Administration from the Aarhus School of Business and a Bachelor of Business from the South Danish Business School.