Denmark: Carlsberg’s CFO to leave the company

Heine Dalsgaard, CFO of Carlsberg Group, is leaving the company. The Danish brewing group informed today that Dalsgaard has decided to resign from Carlsberg to take up the CFO position in a private equity-backed company in a different industry. He will continue at Carlsberg until 31 December 2022 at the latest.

The news comes at a difficult time for Carlsberg as Carlsberg recently decided to entirely withdraw from Russia (, 28.3.2022) and Dalsgaard had a leading role in a major cost-cutting program to stem the losses in this country. The share price of Carlsberg fell in the morning by more than 2% after the news became known.

Dalsgaard’s former jobs included Group CFO at Grundfos, a leading global pump manufacturer and most recently Group CFO at ISS, one of the world’s largest facility services companies.

CEO Cees ’t Hart says: “I have highly valued the partnership with Heine since he joined Carlsberg in 2016. He has been instrumental in driving the improvements that Carlsberg has delivered. Thanks to Heine, our Funding the Journey culture with focus on costs and cash is today well embedded across the Group. While we of course regret Heine’s decision, we also respect his wish to pursue new opportunities outside Carlsberg. We wish him all the best in his future endeavours.”

CFO Heine Dalsgaard says: “Carlsberg is a fantastic company, and it has been a true privilege to be part of the team during the past six years. Together, we have created a much stronger Carlsberg with a clear strategy, strong results and continued significant value-enhancing opportunities. I take this opportunity to already now wish Carlsberg and all its great people the very best for the future.”

With Carlsberg now set to begin the succession process, it is expected that Dalsgaard's successor will be announced in due course.

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