DESMI has nominated Humphrey Lau to take over as CEO from Henrik Sørensen
Humphrey Lau has been named as the next CEO of DESMI, a Danish manufacturer of pumps, pumping systems, environmental cleaning equipment and related products within flow technology.
After more than 26 years as DESMI CEO, Henrik Sørensen has made the personal decision to step back and hand over the responsibility for the daily operation and further strategic development of DESMI to Humphrey Lau who will become CEO effective, December 1, 2022.
Henrik Sørensen, 65, who has been CEO at DESMI since October 1, 1996, and a shareholder since 2003 said, ”It has been an amazing journey leading this company for more than 26 years, and I am proud to hand over the keys to Humphrey Lau as the company is in good shape and has considerable potential. I am looking forward to continuing this journey as a shareholder and member of the Board of Directors.”
Crucial to the decision of naming Mr Lau as the new CEO, according to DESMI, has been Mr Lau’s global experience, strong results, leadership qualities, and values.
Mr Lau worked for 16 years with Novo Nordisk and Novozymes and for 14 years with Grundfos, where he most recently held the position of group senior vice president, global industry business.
“OEP is extremely pleased to partner with Humphrey as he is an experienced executive with an established reputation having served in leadership roles of two well-respected Danish multinationals. We also thank Henrik Sørensen for his many years of service to DESMI and look forward to his important role on the Board and as a shareholder,” said One Equity Partners (OEP) principal Marc Lindhorst, a fund that entered into agreements to acquire a majority stake in DESMI earlier this year.
“I am super excited and humble about this opportunity to be able to work together with a world class team at DESMI. Over the years I have followed the impressive development of DESMI under the strong and competent leadership of Henrik Sørensen. Together with the high performing global organisation and support from a very professional owner like OEP, I am confident we can further develop and take DESMI to new heights,“ said Humphrey Lau.
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