Jens Bigum to Step Down From Chr. Hansen's Board of Directors
Preliminary indications for the current financial year (Sept. 05 – Aug. 06) point to a good performance for Chr Hansen, which expects to close the year with a sales growth of about 10% and growth in earnings of about 30%.
25/07/06 Once the annual report and accounts for food ingredients company Chr. Hansen Holding A/S are formally approved in December, Jens Bigum has informed the board of his decision to step down from his position as chairman of the board of directors to focus on other responsibilities notably as Chairman of Arhus University. Following the pending university reform, Arhus University will be one of six expanded universities in Denmark and will require an even greater work commitment on the part of Jens Bigum.
Preliminary indications for the current financial year (Sept. 05 – Aug. 06) point to a good performance for Chr Hansen, which expects to close the year with a sales growth of about 10% and growth in earnings of about 30%.
"The work involved in ensuring the successful implementation of the pending university reform means I have to prioritise Århus University more" explains Jens Bigum. "As the post of chairman of the board of directors of Chr. Hansen is the most recent major commitment I have taken upon myself, I have therefore agreed with the other board members in good time that I will resign my position."
Jens Bigum was appointed chairman of the board of Chr. Hansen in connection with the sale of the company last summer to the private equity firm PAI Partners.