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Business

Search underway for new Grundfos CEO

admin
December 17th, 2013


This article is more than 11 years old.

Pump company dissatisfied with results

After 16 years as the company’s top executive, Carsten Bjerg was fired as the head of pump company Grundfos on Friday.

Who will replace him remains uncertain. While the head of Grundfos's board clearly rejected the notion that 42-year-old Poul Due Jensen, the grandson of the Grundos founder by the same name, will step in as the company's new boss, Jensen himself raised speculations that he is gunning for the job by refusing to deny his interest in the position. 

"I think we should wait with everything and let this all cool off," Jensen told Børsen, contradicting comments from the company's chairman of the board, Jens Moberg, who said "Poul is not a candidate" for the job.

Board unhappy with Bjerg
Even though Berg was named the executive of the year last year by Lederne, an organisation of top level executives, the Grunfos board said that they were dissatisfied with results under Bjerg.

“Grundfos has untapped growth potential and we are not satisfied with the current level of development,” Moberg said in a statement. Therefore we have, after careful consideration, decided to find a new head for Grundfos.”

Until a new boss has been found, Molberg will take control of the company's daily operations along with Søren Ø Sørensen and Lars Aagaard.

Grundfos has operations in more than 60 countries with revenues of 22.5 billion kroner. The company has 18,000 employees.

Company earnings plummeted from 780 million kroner to 441 million kroner during the first half of this year, despite a slight increase in revenue.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”