William Demant Foundation chairman distances himself from fired executive- but will still put him on boards

Chairman of the Board Lars Nørby Johansen defends the fact that the William Demant Foundation continues to vote a VP fired from Demant onto the boards of other companies that the foundation owns.
Lars Nørby Johansen has influenced several of the largest companies in Denmark, such as Falck and Dong, and today, in addition to the William Demant Foundation, he is also chairman of the board of Copenhagen Airport and Montana Furniture. | Photo: Lars Krabbe
Lars Nørby Johansen has influenced several of the largest companies in Denmark, such as Falck and Dong, and today, in addition to the William Demant Foundation, he is also chairman of the board of Copenhagen Airport and Montana Furniture. | Photo: Lars Krabbe

As chairman of the William Demant Foundation, Lars Nørby Johansen has no problem with the owner fund behind the hearing company Demant continuing to support a VP fired from the company, Arne Boye Nielsen.

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