IC Group makes changes in management team

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IC Group announces that as a consequence of the considerable restructuring of the business over the past twelve months, the following changes in the Group’s Global Management Team will take place Monday 29 September:

Alexander Martensen-Larsen (40) will take up the position as new Group CFO of IC Group. In addition to his responsibility for the finance, investor relations and legal functions, he will retain the responsibility for strategy and business development. Since January 2008, Alexander Martensen-Larsen has served in several executive and director positions within the Group. Prior to his employment with IC Group, he served as Director in Corporate Business Development at TDC and as a Finance Analyst at Morgan Stanley Investment Banking in London.

Morten Linnet (45) will take up the position as CEO of By Malene Birger. He has served as Vice President of Corporate HR in IC Group, where he has worked on various business projects since 2006. He has previously held positions with Nordea, GN Store Nord and Mars Inc.

Subsequently, the Group’s Global Management Team will consist of the following members:

Group CEO, Mads Ryder (Executive Board)
Group CFO, Alexander Martensen-Larsen (Executive Board)
COO, Lotte Franch Wamberg
CEO of Peak Performance, Nicolas Warschalowski.
CEO of Tiger of Sweden, David Thunmarker
CEO of By Malene Birger, Morten Linnet

Consequently, the former Group CFO, Rud Trabjerg Pedersen as well as the former CEO of By Malene Birger, Charlotte Egelund have resigned their positions.