Jørgen Vig Knudstorp | |
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Chairman of The Lego Group | |
Assumed office 2017 |
|
Preceded by | Niels Jacobsen |
4th President of The Lego Group | |
In office 2004–2016 |
|
Preceded by | Kjeld Kirk Kristiansen |
Succeeded by | Bali Padda |
Vice President of The Lego Group | |
In office 1995–2004 |
|
President | Kjeld Kirk Kristiansen |
Personal details | |
Born |
Fredericia, Denmark |
21 November 1968
Nationality | Danish |
Alma mater | Aarhus University |
Occupation | Businessperson, consultant |
Jørgen Vig Knudstorp (born 21 November 1968 in Fredericia) is the former CEO of the Lego Group. He succeeded Kjeld Kirk Kristiansen and is the first non-family member to head Lego.
Knudstorp was born in 1968, grew-up in Fredericia and graduated from Fredericia Gymnasium before attending Aarhus University.
After obtaining his undergraduate degree, Knudstorp began an academic career as a researcher at his alma mater as well as obtaining a master's degree (1995) and a PhD (1998) in Economics from Aarhus University. He stayed in academia, but worked as a business consultant from 1998 to 2000.
Jørgen Vig Knudstorp joined the LEGO Group in 2001 after working as a McKinsey & Company consultant and university researcher at Aarhus University.
Under Knudstorp's tenure, LEGO Group's yearly income has gone from a loss to drawing a notable profit. and a 600% increase in turnover from 6.3 billion to 37.9 billion in 2016. In December 2016, it was announced that Knudstorp would step down as CEO of LEGO, and instead take the position of chairman of the group.
In January 2017 Starbucks nominated Knudstorp to its board of directors.