The President and CEO Kent Arentoft and the Executive Vice President Peter Thostrup have agreed to stay in the company until 30 April 2015, after which both will leave the company.
The remaining HQ employees’ contracts will be terminated and will leave the company no later than 30 April 2015. For the period following May 2015 DLH expects its’ business to be handled by an Office Administrator taking care of any remaining business units and assets reporting directly to the Board.
“We have come a long way in executing the strategy and therefore it is natural to prepare for the next step, which involves the Management Group including myself and the remaining HQ employees. We have initiated several other initiatives in order to minimize costs, hereunder in-vestigating a potential reduction in our HQ rent obligations” says CEO Kent Arentoft.
DLH is a Danish owned group and since 1908 trading in timber and timber products all over the world.