Jørgen Vig Knudstorp

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Jørgen Vig Knudstorp
Jorgen Knudstorp.JPG
Executive Chairman of The Lego Group
Assumed office
Preceded byNiels Jacobsen
4th President of The Lego Group
In office
2004 – 1 January 2017
Preceded byKjeld Kirk Kristiansen
Succeeded byBali Padda
Vice President of The Lego Group
In office
PresidentKjeld Kirk Kristiansen
Personal details
Born (1968-11-21) 21 November 1968 (age 53)
Fredericia, Denmark
Spouse(s)Vanessa Knudstorp
Alma materAarhus University
OccupationBusinessperson, consultant

Jørgen Vig Knudstorp (born 21 November 1968 in Fredericia) is a Danish businessman, who is the executive chairman and former CEO of the Lego Group. He succeeded Kjeld Kirk Kristiansen.

Early years[edit]

Knudstorp was born in 1968, grew up in Fredericia and graduated from Fredericia Gymnasium before attending Aarhus University.[1]

After obtaining his undergraduate degree, Knudstorp began an academic career as a researcher at his alma mater as well as obtaining a master's degree (1995) and a PhD (1998) in Economics from Aarhus University.[1] He stayed in academia, but worked as a business consultant from 1998 to 2000.[1]

Lego career[edit]

Jørgen Vig Knudstorp joined the LEGO Group in 2001 after working as a McKinsey & Company consultant[2] and university researcher at Aarhus University.[1]

Under Knudstorp's tenure, LEGO Group's yearly income has gone from a loss to drawing a notable profit.[3][4] and a 600% increase in turnover from 6.3 billion to 37.9 billion in 2016. [5]In December 2016, it was announced that Knudstorp would step down as CEO of LEGO, and instead take the position of chairman of the group.[6]

Positions outside Lego[edit]

In January 2017, Starbucks nominated Knudstorp to its board of directors.[7]


  1. ^ a b c d "Archived copy". Archived from the original on 2014-10-10. Retrieved 2014-10-06.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ Feloni, Richard (10 February 2014). "How LEGO Came Back From The Brink Of Bankruptcy". businessinsider.com. Business Insider Inc.
  3. ^ Schwartz, Nelson D. (8 June 2006). "One brick at a time". fortune.com. FORTUNE Magazine.
  4. ^ Agence France-Presse (4 March 2010). "Toy Maker LEGO Sees Profits Soar in 2009, More to Come in 2010". Industryweek.com. IndustryWeek. Archived from the original on 20 December 2016. Retrieved 8 December 2016.
  5. ^ Tools, JP (10 August 2017). "LEGO Hovedtal Kilde Legos årsrapporter". jyllands-posten.dk. Jyllands-Posten.
  6. ^ Pedersen, Signe Ferslev (6 December 2016). "Knudstorp stopping as CEO of LEGO". Business.dk (in Danish). Berlingske Media. Retrieved 6 December 2016.
  7. ^ Starbucks Nominates Rosalind Brewer, Jørgen Vig Knudstorp and Satya Nadella to its Board of Directors

External links[edit]