In 1988, a 22-year-old Jens Bjørn Andersen began his career as a freight forwarder trainee in Samson Transport Co. A/S (acquired by DSV in 1997). 20 years later, he was appointed new Group CEO after Kurt Larsen, who is now Chairman of the Board of Directors
” Truth be told, I never had any doubt that he was the right choice as my successor - even though he was younger than most CEOs. Jens Bjørn really embodies the DSV spirit – I almost feel like he was born with it”, Kurt Larsen, Chairman of the Board of Directors, tells and continues:
“I believe he is such a talented and successful CEO of DSV, because he is a straight shooter; he has a very strong charisma and he can be authoritative, but he is never confrontational. These are good qualities in a CEO. And most importantly, he has courage – such as making acquisitions worth billions.”
Picture from ca 2008. From the left: Jens Bjørn Andersen, with former Chairman of the Board and founder, Palle Flackeberg, and current Chairman of the Board, Kurt Larsen.
10 years of success
Before Jens Bjørn Andersen was appointed CEO, he was already well-known in DSV as the go-to guy for turnarounds. With the global financial crisis starting only months after Andersen became CEO in 2008, his talents for problem-solving was put to the test from the very beginning.
But as so many times before, Jens Bjørn Andersen navigated DSV safely through the crisis, and since then it has only gone one way for DSV – and that’s up.
Above is a visual of DSV’s EBIT (earnings before interest and tax) during the 10 years Jens Bjørn Andersen has been Group CEO. It shows a dip in 2008-2009 (during the financial crisis), but also that earnings quickly rose after that and have been going up ever since. The interim financial report published today shows, that this is a continuing trend.
Picture: Jens Bjørn Andersen and Kurt Larsen in conversation at Jens Bjørn Andersen’s 50th birthday celebrations.
Congratulations on the 10-year anniversary Jens Bjørn Andersen!
Picture: Jens Bjørn Andersen speaking to investors at the Annual General Meeting in 2016 – showing them good financial numbers again.