New management team for Lars Larsen Group Retail

Lars Larsen Group, which includes the Jysk home furnishings chain, is setting up a new business unit. From 1 September 2023, 5 people, with the combined experience of more than 100 years within JYSK retail, will develop and run the new business area Lars Larsen Group Retail (LLGR) under Lars Larsen Group. The current President and CEO of Jysk, Jan Bøgh, will take on the role of President and CEO of LLGR. They will be joined by Niels Veien (Executive Vice President for Customer Experience, Digital & Business Development at Jysk), Henrik Naundrup (Executive Vice President for Finance and IT at Jysk), Peter Andsager (Executive Vice President for Purchasing at Jysk) and Jacob Krogh Andersen (Head of Business Development at Jysk).

Lars Larsen Group Retail is one of two divisions in the Danish group's new business structure. The new division includes the subsidiaries Jysk, Ilva and Third.space, Bolia.com, Sofacompany, Senge Specialisten and Sengetid. The new management team will be responsible for developing the retail companies while respecting their differences, creating more cross-functional synergies and working on further acquisitions of retail companies.

"Retail is in many ways the backbone of Lars Larsen Group. With the new group structure with the underlying business units Lars Larsen Group Retail and Lars Larsen Group Investments, we are ready to take the next step in our strategy to create long-term growth and value for the communities we are part of," says Jesper Lund, President and CEO of Lars Larsen Group.

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