Humphrey Lau Named as New CEO of DESMI
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 1 December 2022.
Crucial to the decision of naming a new CEO has been Humphrey’s global experience, strong results, leadership qualities, and values. Humphrey has the strong profile and global mindset from many years of international experience required for the planed further growth organically supported by acquisitions of DESMI. He worked for 16 years with Novo Nordisk and Novozymes and 14 years with Grundfos, where he most recently held the position of Global Industry Business Group Senior Vice-President. Among his global experience, he established Novo Nordisk, in China, from green field in 1994. At Novozymes, he was in charge of several global business units and responsible for the development of biofuel in 2005. In various roles with Grundfos, including CEO of Grundfos China and Regional Managing Director of Western Europe Grundfos, he grew the business significantly by building organisations with strong customer orientation.
Henrik Sørensen and the Board of Directors are very pleased that Humphrey has accepted to take on the CEO role and see it as an opportunity to accelerate the growth of the business, where more acquisitions are foreseen.
Henrik Sørensen, 65, has been DESMI CEO since 1 October 1996, and a shareholder since 2003. ”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 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,” said Henrik Sørensen.
“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 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 principle Marc Lindhorst. The company 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.