PRESS RELEASE

Generational Succession at Nordic Computer: Managing Director Retires After 30 Years and Hands Over the Torch to the Next Generation

28 February 2018. The IT service company Nordic Computer A/S will have a new group of owners, when the retiring CEO, Søren Larsen hands over the operation to the current COO, Lars Juhl Frandsen who will take up the position as new CEO. Lars Juhl Frandsen will take over 40% of the ownership in Nordic Computer A/S, while the current Financial Manager, Peter Larsen will take up the position as CFO and will take over 60% of the ownership.

New Management - Same Strategic Focus

"Having been at Nordic Computer for more than 30 years, where the past 10 have been as owner and CEO, I feel that it is the right time to hand over the responsibility to the next generation. Nordic Computer has created a healthy, financial foundation and a strategic focus, which is supported by all the employees.

This is why I am convinced that with Lars and Peter as the new group of owners and management the company will continue the positive development", says Søren Larsen, retiring CEO in Nordic Computer about the handover.

"With his many years of experience, Søren is a well-known and respected personality in the business and he is the epitome of our three values; orderliness, quality and drive which everybody at Nordic Computer lives by in our daily work.

The job, for Peter and me - together with our skilled employees - will be to continue strengthening Nordic Computer's strategic focus on our service-offering to the Danish data centres and the sale of refurbished data centre hardware such as servers, storage and networking equipment throughout Europe. It will therefore be "business as usual" for all employees, customers and business partners", says the new CEO, Lars Juhl Frandsen.

 

From the left: Lars Juhl Frandsen, Peter Larsen, and Søren Larsen

About Nordic Computer

Nordic Computer is among the oldest IT businesses in Denmark and has since 1979 cooperated with both public and private companies. Our business focus is the sale of refurbished data centre hardware, where we help customers prolong the lifetime of their IT setup, enabling them to postpone their investment and save money. We also have more than 25 years of experience as an independent hardware service partner where we service, maintain and extend the lifetime of data centre equipment throughout Denmark and the south of Sweden from our service centres in Nørresundby and Brøndby.

For further information, please contact:

Søren Larsen, Nordic Computer. Telephone: +45 4016 1121, sl@nordiccomputer.dk

Lars Juhl Frandsen, Nordic Computer. Telephone: +45 2384 2272, ljf@nordiccomputer.dk