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...Headhunter Spencer Stuart is running a search process for Nygaard-Andersen’s replacement....
...Nygaard-Andersen said: “The past three years have been rewarding and challenging in equal measure....
From Miles Dean, Head of International Tax, Andersen, London EC3, UK
...His help proves especially invaluable in the creation of Andersen Genève’s current world time model, the Tempus Terrae....
...Entain, which owns the Ladbrokes and Coral brands, said Nygaard-Andersen had told the board of her decision to quit....
...The UN had too often been brought in “when technologies have already done damage”, Andersen had said in closing remarks at the UN’s environment assembly in Nairobi....
...The Ladbrokes owner said David would take over at the end of September or before, depending on when the company found a replacement for former chief Jette Nygaard-Andersen, who stepped down in December following...
...“We’re not seeing any let-up in the overall cost picture of the business,” said chief executive Jacob Aarup-Andersen....
...David has been holding the fort at Entain, which owns Ladbrokes and Coral, since Jette Nygaard-Andersen resigned in December following investor unrest over a string of acquisitions....
...But even as air travel returned to normal, Nygaard-Andersen continued to use private aircraft....
...Interim chief executive Stella David seems to think there is hope for the share price following Nygaard-Andersen’s exit....
...Nygaard-Andersen has attended several Grands Prix this year....
...We delivered a solid set of results for 2023, which were achieved despite a challenging consumer environment, significant inflationary pressure and currency headwinds,” said chief executive Jacob Aarup-Andersen...
...Patrick Andersen, CWT’s chief executive, said: that “joining forces with AmexGBT helps accelerate our vision of a tech-enabled future for business travel”....
...The company is focused on “strengthening our commercial and operational discipline”, Andersen added....
...Nygaard-Andersen has become a lightning rod for criticism....
...Under Nygaard-Andersen, Entain embarked on a costly spree of bolt-on acquisitions costing more than £2bn while also losing share in several important markets....
...David has been parachuted in to the top job at Entain following the immediate departure of Jette Nygaard-Andersen....
...I arrived at Andersen at midday....
...Wednesday include Ladbrokes owner Entain, Norwegian renewable energy company Nel, and German chemicals group BASF: Entain: Shares in the Ladbrokes owner surged 6.3 per cent after chief executive Jette Nygaard-Andersen...
...Nygaard-Andersen had signed off on 11 deals in less than three years at a cost of more than £2bn. Some of those businesses have already closed....
...“There is an equilibrium that has to happen that we are not at, at the moment,” said Andersen....
...The Marmite and Magnum maker has appointed executive search firm Spencer Stuart to conduct the search for Andersen’s successor, according to people familiar with the matter....
...“When China sneezes, south-east Asia catches a cold,” Aarup-Andersen said....
...Neither is happening,” Andersen said....
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