Nikolas Lynhe-Knudsen to lead Danske Spil as CEO

Danske Spil has named Nikolas Lynhe-Knudsen as its new Chief Executive Officer, who will begin his new role from 1 October 2020, taking over from Susanne Mørch Koch.

Lynhe-Knudsen currently holds the position of executive board member and director of economics, technology and media production at the Danish Broadcasting Corporation (DR), having also held a number of high profile business and government roles – including a ten year tenure at the Ministry of Finance.

The new CEO said: “I am extremely proud to be part of a historic company that has operated for the benefit of the whole of Denmark for more than 70 years.”

“Together with the rest of the team at Danske Spil I look forward to continuing to secure the financial foundation under the associations and more than 1,300 initiatives in, among other things, cultural life, sports, health and the protection of the environment and climate, which benefit every year through the distribution funds from over DKK1bn from Danske Spil’s lotteries.”

Last week, the operator confirmed the appointment of Peter Christensen as new Chairman. A former MP for Denmark’s Venstre Liberal Party, Christensen has previously served as Minister of Taxation (2011) and Minister of Defence (2015) under the cabinet of former Danish PM Lars Løkke Rasmussen.

The appointment was confirmed by Nicolai Wammen, Denmark’s Finance Minister, with Christensen due to replace long-term Danske Spil Chairman Peter Gæmelke, who will end his 10-year tenure leading the monopoly operator’s board of governance.

Commenting on Lynhe-Knudsen’s appointment, Christensen added: “I am delighted to welcome Nikolas Lyhne-Knudsen to Danske Spil as new CEO on behalf of the board of directors.”

“[He] has the right skills and personal qualities to continue this important community mission and lay the foundation for the future of Danske Spil.”

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