Executive firings a sign of boards’ rising power

Sep 17, 2013

The surprise firing of Danske Bank managing director Eivind Kolding yesterday cements a shift in power in Danish companies that has seen boards of directors assert their will over executives who don’t live up to their expectations.

Stock analyst Niels Leth said we should expect more managing directors to lose their jobs in the months to come.

“Boards have become more professional and heavy-handed in their approach. Executives who don’t deliver or who don’t have the right profile get fired.”

Berlingske Business

This story was included in The Copenhagen Post's Morning Briefing for Tuesday, September 17. If you would like to receive stories like these delivered to your inbox by 8am each weekday, sign up for the Morning Briefing or one of our other newsletters today.

TOP STORIES

Well-known ex-minister comes forward in criminal case over child pornography

On Sunday, Social Democrat and former minister Henrik Sass Larsen appeared in a remarkable case, where he is charged with possessing extensive child abuse material and a child sex doll, Berlingske has reported.
Talent is key to the green transition – Radikale Venstre will secure better conditions for iinternational academics

In Copenhagen Municipality, international academics accounted for 19 percent of all unemployed academics in 2023. Many of them have exactly the qualifications that companies are looking for.
A good intention the Danes have that you might not see (and what that means)
6 Red Flags that suggest your child is not coping with Relocation

Your family has made the move to a new country, and you are looking forward to the stress of relocation being over. But just when you start to settle into your new environment, you find that your child just isn’t behaving like their usual self.
Copenhagen: the alchemist city

In a city where the cold feels warm and the modern embraces the old, magic may be hidden. Like a true alchemist, Copenhagen knows how to turn adversity into gold.
Here is a list of the biggest concerts and festivals in Denmark in 2025

Denmark’s 2025 concert and festival season features international and Danish artists. Highlights include concerts by Robbie Williams, Neil Young, Pitbull, Guns N’ Roses, Carlos Santana, 50 Cent, Stormzy, The Prodigy, Slipknot and many more . Festivals like Roskilde, Smukfest, Tinderbox, NorthSide, and Copenhell offer diverse music experiences, from pop and rock to metal.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Career

A human touch can keep Europe’s elderly in the labor market

In many European countries, the older generations are on the verge of retirement. In Northern Europe, companies and organizations are better than elsewhere in Europe at getting seniors to work after retirement age. Some simple tools seem to work
Copenhagen ranked 4th for career growth

Copenhagen is ranked as the fourth-best city in the world for career growth, according to an analysis by EnjoyTravel. This ranking considers various factors such as living costs, salary levels, workforce availability, and overall quality of life. Copenhagen is noted for its blend of historical and modern elements, particularly in the green energy sector, which influences job opportunities.
Data shows that non-Western immigrants have saved local economies in Denmark

A study reveals how only the massive influx of non-Western immigrants has saved many areas in Denmark from a decline in the workforce and a consequently shrinking economy

Want to advertise your job with CPH Post?

Jobs

Executive firings a sign of boards’ rising power

Well-known ex-minister comes forward in criminal case over child pornography

Talent is key to the green transition – Radikale Venstre will secure better conditions for iinternational academics

A good intention the Danes have that you might not see (and what that means)

6 Red Flags that suggest your child is not coping with Relocation

Copenhagen: the alchemist city

Here is a list of the biggest concerts and festivals in Denmark in 2025

27 March: A guided tour of Christiansborg

12. April: Meet bestselling author Helen Russell: Why are Danes – apparently – so happy?

27 May: Explore Copenhagen City Hall with Mayor of Children and Youth, Jakob Næsager

A human touch can keep Europe’s elderly in the labor market

Copenhagen ranked 4th for career growth

Data shows that non-Western immigrants have saved local economies in Denmark

Want to advertise your job with CPH Post?

GoGift is looking for Business Development Managers to the German market

Airfreight Operator – Global Aid & Relief Control Tower

Partner Position in Maj Invest Financial Inclusion

Finance Partner for Financial Crime Risk & Prevention