Group CFO Flemming H. Tomdrup wants to resign to devote his time to board memberships, his family and hobbies.
We are very pleased to announce his successor in this position, Anders Wilhjelm, who will take over as CEO on 1 May 2014.
Anders Wilhjelm, a 47-year-old Dane, joins us from a position as CEO in GEA Process Engineering. Here, he is responsible for 5,500 employees and revenue exceeding € 1.7bn distributed on more than 40 countries. GEA Process Engineering is a business segment in the German GEA Group, where Anders Wilhjelm also forms part of an Executive Management Team.
Previously, Anders Wilhjelm has worked at Danisco, where he held a number of management positions both in Denmark and abroad. He has also worked at McKinsey & Company and Carlsberg.
Anders Wilhjelm has a Master of Forestry degree (Msc Forestry) from Copenhagen University, accompanied by an MBA from MIT Sloan School of Management in Cambridge, Massachusetts, USA.
We want to thank Flemming H. Tomdrup for his impressive efforts at Solar since 2006. Using change management, he has contributed to the further development of our managers and employees, thus creating a dynamic organisation ready to take on future challenges.
Anders Wilhjelm has shown a remarkable ability to optimise and develop businesses within very diverse business areas in his past employments. Therefore, we are certain that he is the right person to build on this foundation and look forward to welcoming him to Solar.
Yours faithfully Solar A/S
Jens Borum Chairman of the Supervisory Board
Solar facts Solar A/S was established in 1919 and listed on the Copenhagen Stock Exchange in 1953. Solar is one of Northern Europe's leading technical wholesalers within electrical, heating, plumbing and ventilation products. The group, based in Kolding, Denmark, has subsidiaries in Denmark incl. the Faroes, Sweden, Norway, the Netherlands, Belgium, Germany, Poland and Austria. In 2012, Solar Group revenue totalled € 1,700.9m, equating DKK 12.7bn. The group currently has some 3,500 employees.
For more information, please visit www.solar.eu.
Disclaimer This announcement was published in Danish and English today via NASDAQ OMX Copenhagen. In case of any discrepancy between the two languages, the Danish version shall prevail.