Eltronic A/S announces leadership transition

Press release

Eltronic A/S announces leadership transition

As part of its continued development and long-term growth ambitions, Eltronic A/S is implementing a leadership transition. By mutual agreement, Morten Svendsen will step down from his position as Chief Executive Officer of Eltronic A/S. Lars Jensen, owner and founder of Eltronic Group, will assume the role of CEO on an interim basis.

Morten Svendsen has been part of Eltronic A/S since 2009 and has played a central role in the company’s development. In 2017, he was appointed Vice President of Eltronic Production Systems, and since 2020, he has served as CEO of Eltronic A/S.

“For many years, Morten has been a significant and valuable part of Eltronic’s development. His leadership, commitment and dedication have been of great importance to the company and the results we have achieved. On behalf of the Board of Directors and the owners, I would like to extend my sincere thanks to Morten for his significant contribution to Eltronic’s growth journey and strong position in the market,” says Lars Jensen, owner and founder of Eltronic Group.

 

For further information, please contact:  

Lars Jensen
Owner and Founder of Eltronic Group
Interim CEO, Eltronic A/S
Telephone: +45 40 14 56 44
Email: lj@eltronic-group.com

To ensure continuity and maintain momentum throughout the transition, Lars Jensen will lead Eltronic A/S as interim CEO. At the same time, Boe Villum Boesen, Chairman of the Board, will work closely with the executive leadership team and the organisation. This leadership structure will remain in place until a permanent CEO has been appointed.

Today, Eltronic stands on a strong foundation, supported by highly skilled employees, strong customer relationships, and a sustainable business. Owned by Eltronic Group and backed by good financial performance, Eltronic stands in a strong financial position and is well equipped for its next phase of development. Eltronic’s strategic direction remains unchanged as we continue to create value for customers, driving innovation, and sustaining business growth.

Eltronic thanks Morten Svendsen for his many years of dedicated service and wishes him every success in the future.