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Major restructuring at Danish footwear brand

07/09/2012
The owners of specialist Danish footwear brand Sanita have announced a significant restructuring at the top of the company, which they have said will support their growth strategy for the comfort footwear brand in other parts of Europe and in the US.

At the end of August, one of the shareholders, Can Management, sold its stake in the footwear group to the other shareholders. At the top of the company, there are now two principal shareholder groups, Danish investment firm Dacapo Invest and United 2 aps.

Following the transaction Carl Aage Nielsen, the owner of Can Management, has stepped down from the Sanita board, leaving the remaining board unchanged with Johannes Bogh as chairman and Torben Klausen and Jesper Klein-Petesen as directors.

However, as part of the restructuring, Steen Fogh Rasmussen has been replaced by Jesper Klein-Petersen as chief executive. Karsten Nørbjerg Christensen will continue to serve as chief finance officer and Klaus Thomsen will continue in his role as chief operating officer, with responsibility for sales and marketing of the brands shoes.

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