DENMARK: Speculation over Carlsberg CEO decision to quit

By Sarah Diston | 24 August 2001

The chief executive of Carlsberg Breweries A/S Flemming Lindelov stepped down this week amid speculation by industry analysts that he was driven by pressure from the brewer's Norwegian partner Orkla ASA. According to a report by the Asian Wall Street Journal some analysts have said that Orkla's impatience with Lindeloev as well as their aspiration to have a larger say in the joint venture, which it set up with Carlsberg in May 2000 (with Carlsberg retaining 60% ownership and Orkla 40%) may have caused his decision to quit.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The chief executive of Carlsberg Breweries A/S Flemming Lindelov stepped down this week amid speculation by industry analysts that he was driven by pressure from the brewer's Norwegian partner Orkla ASA. According to a report by the Asian Wall Street Journal some analysts have said that Orkla's impatience with Lindeloev as well as their aspiration to have a larger say in the joint venture, which it set up with Carlsberg in May 2000 (with Carlsberg retaining 60% ownership and Orkla 40%) may have caused his decision to quit.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

VIETNAM: Carlsberg courtship pays off with deal
Carlsberg has finally hooked up with a state-owned Vietnamese brewer.

DENMARK: Carlsberg mulls IT services outsourcing
Carlsberg has entered into negotiations with the IBM Group regarding a possible outsourcing of the Danish brewer's IT services in Europe.

DENMARK: Carlsberg Q1 prompts rating drop
Carlsberg's rating has been lowered following its disappointing Q1 figures earlier this week.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page