Carlsberg announces new CEO

22-Mar-2023 - Last updated on 22-Mar-2023 at 10:03 GMT

Jacob Aarup-Andersen will join Carlsberg as Chief Executive Officer, replacing Cees ’t Hart.

Aarup-Andersen, who is Danish, joins Carlsberg from ISS A/S, where he has served as CEO since 2020. ISS is a global leader in facility management with 360,000 employees operating in 60 countries globally.

At ISS, Jacob has led a financial turnaround and the development of a strategy with a core focus on technology and digitisation, sustainability and diversity, equity and inclusion. During his tenure at ISS, the company has regained its growth momentum, with 2022 results above expectations.

Prior to ISS, Jacob had senior leadership roles at Danske Bank and Danica Pension. Before that, Jacob worked as an investment professional in firms such as Danske Capital, TPX-Axon Capital, Montrica Investment Management and Goldman Sachs.

Current CEO Cees ‘t Hart announced his decision to retire earlier this month, having led Carlsberg since 2015. He will retire by the end of Q3 2023; with Aarup-Andrsen’s start date yet to be announced.