Bloomberg News

Nordic Sugar Managing Director Olsen Will Step Down This Month

March 02, 2012

Nordic Sugar A/S, a Danish unit of Germany’s Nordzucker AG, said Thomas B. Olsen is resigning as managing director.

Olsen will leave March 15, the Copenhagen-based company said today in a statement on its website. He joined Nordic Sugar in 1988, it showed. Mats Liljestam, chief marketing officer at Nordzucker, has been named to replace Olsen for now.

Dorthe Lindgreen, a communications manager at the Danish company, confirmed the statement by phone today. Nordic Sugar has factories in Denmark, Sweden, Finland and Lithuania.

To contact the reporter on this story: Isis Almeida in London at ialmeida3@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net.


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