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Lego axes CEO after just 8 months

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Lego has announced it would axe its chief executive Bali Padda after just eight months in the role, bringing in the former head of Danish industrial group Danfoss to succeed him. According to the Financial Times , Lego is adamant that the appointment was not due to Padda’s performance, but rather due to his age.

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Lego axes CEO after just 8 months

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