Lego appoints a new boss

DANISH toy company Lego has appointed Niels B Christiansen, who headed thermostat-maker Danfoss for nine years, as its chief executive. Christiansen replaces Bali Padda, who took over as interim chief executive in January. Padda will hold a “special advisory” role within the group. Chairperson Joergen Vig Knudstorp said yesterday that said Christiansen, 51, will start on October 1. Lego said Christiansen became chief executive of Danish audio solutions maker GN Netcom at the age of 33, and joined the family-owned Danfoss in 2004. He became its head four years later. He transformed a traditional industrial company into a technology leader. – AP