Penneo A/S announced that Christian Stendevad will take up the position as CEO of Penneo on 18 August 2021. Christian Stendevad succeeds Nicolaj Højer Nielsen who will step down as Interim CEO. As announced in Company Announcement no. 5-2021, Christian Stendevad was appointed CEO of Penneo and would take up the position no later than 1 October 2021. As announced in Company Announcement No. 18-2021, Christian Stendevad took up the position as CEO of Penneo on 18 August 2021, succeeding Nicolaj Højer Nielsen, who stepped down as Interim CEO.