Mads Nipper becomes new CEO and Group President of Grundfos. He comes from a position as Executive Vice President of LEGO. He will be joining the company August 1st. Group Chairman of Grundfos, Jens Moberg, emphasizes that Mads Nipper was chosen because of his long and proven record of working on the global marketplace. Mads Nipper has worked for the LEGO Group for 23 years, he has numerous directorships in various companies and organizations and holds a MSc and BSc in Business Administration.