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Posted (edited)

Interesting article in the Wall Street Journal today. Kjeld KK names his only son Thomas KK as his successor retaining CEO from outside the family. It looks like a smart move.

It looks hopeful that there will be plenty more LEGO products that attract females with Kjeld having only five granddaughters at this point. Hoorah!

http://on.wsj.com/1UklGUP

Edited by Stash2Sixx
Adjusted topic title!
Posted

Wow! Did not mean to upset anyone! I thought it was an upbeat article. All family owned firms need succession plans BEFORE anything bad happens; it looks like Kjeld is still relatively young and healthy, so this is good timing for the family.

Posted

Oh, it's a great article, I know I was just turned off by seeing "KKK" in the title. In the US, the KKK is a white supremacist group with a very negative reputation. Seeing KKK and Lego in the same sentence probably had people worried, myself included.

That's great that the business is remaining in the family. Hopefully the apple doesn't fall too far from the tree and we'll enjoy the same Lego that we know and love.

Posted

I knew Kjeld Kirk Kristiansen has the same initials and Legogal meant him in the context of LEGO. :wink:

Thanks, Spock! (That is why I didn't use Kjeld's initials in the title. No intent here to associate anything with TLG.)

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