STARK Group

STARK Group A/S appoints Thomas Ahle as new Group CFO

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STARK Group has appointed Thomas Ahle as its new Group Chief Financial Officer. He joins STARK Group from Danish Crown, a global leader in food production. Thomas Ahle has more than 20 years of international financial experience, including work in Germany, Mexico, and the Netherlands.

Prior to Danish Crown, Thomas Ahle has held positions in companies such as Cadbury Plc., Lantmännen, and Refresco, which produces beverages and provide complete end-to-end solutions from sourcing to logistics for some of the largest soft drink brands in Europe, the USA, and Australia.

Group CEO, Søren P. Olesen, says:

I look forward to working closely with Thomas Ahle. In a short time, we have gone from being a Nordic company to Europe’s largest retailer and distributor of building materials. With Thomas joining our team, we are confident that we can sustain our growth trajectory and leverage our strengths to the fullest.”

Thomas brings a wealth of international experience, a deep understanding of value creation, and a proven track record with acquisitions and integration. He has spent the majority of his career in companies that share many similarities with STARK Group,” says Søren P. Olesen.

Thomas Ahle says:

I am looking forward to getting started. The position at STARK Group presents a professional and managerial challenge that I find both challenging and exciting. The company’s growth journey has been remarkable, and I am eager to contribute to its ongoing development.

Thomas Ahle will take up the position of Group CFO on 1 September 2024 at the latest. He will succeed Sisse Fjelsted Rasmussen, who has decided to step down to embark on a new journey as a board member and advisor.

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About STARK Group

STARK Group is the leading business-to-business merchant and distributor of heavy building materials for the construction industry in Europe, with a strategic focus on serving professional builders from its more than 1,150 branches. STARK Group has pro forma net sales of EUR 8 billion, serves a portfolio of 450,000 customers and collaborates with approx. 15,000 suppliers. Headquartered in Denmark, STARK Group employs more than 20,000 employees in Germany, Austria, the UK, Denmark, Sweden, Finland and Norway. The Group holds leading national or regional position in all markets.

STARK Group is committed to reaching net zero emissions by 2050 across the entire business, is a signatory to the UN Global Compact, and works within fully 2030-validated science-based targets to keep global warming below 1.5°C.

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