ISS A/S CEO to Resign, Take Over Carlsberg Group

Contributed by BSM Staff

COPENHAGEN -- ISS A/S, a provider of integrated facilities services, is looking for a new CEO after the resignation of Group CEO Jacob Aarup-Andersen as he has accepted a new position as CEO of Carlsberg Group.

ISS will now initiate a search for a new Group CEO. Aarup-Andersen will stay on as Group CEO until a successor has been found. He joined ISS in September 2020. Since then, the company has launched its new OneISS strategy, delivered a financial turnaround and announced new financial targets for the coming years.

The company also announced that Aarup-Andersen has purchased 10,000 shares of ISS A/S stock and now holds a total of 189,736 shares in the company.

“At ISS, I have been incredibly blessed to work with a fantastic team and organization who have all made this transformation possible,” said Aarup-Andersen. “I am leaving the company somewhat sooner than I had anticipated; however, the offer to join Carlsberg as their CEO was a career opportunity that I could not pass up. Thankfully, ISS is in great shape with a strong leadership team for the future.”

Niels Smedegaard, Chair of the ISS Board of Directors said, “Although we regret Jacob’s decision to leave the company, ISS is now in a much stronger position compared to a few years back. We have a solid strategic, commercial, and operational foundation and a strong leadership team to continue the execution of the OneISS strategy. I am confident that we can continue the great progress we have seen under Jacob’s leadership.”

The Board of Directors will now initiate a search process to find a new Group CEO for ISS.

“During this process, we will explore both internal and external candidates to find the right person to lead ISS forward. Meanwhile, it is business as usual as we continue our strategic journey,” says Niels Smedegaard.