Longtime Lego CEO to be replaced

Posted online December 6, 2016 | 10:44 am

Danish toy company Lego announced its CEO for the past 12 years will be replaced by its current chief operating officer.

Bali Padda on Jan. 1 will succeed Jorgen Vig Knudstorp.

Vig Knudstorp will head up a new entity within the group. It was not immediately clear why the change is being made.

Read more from The Associated Press.

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