Carlsberg’s chief executive bought about $1.6 million worth of shares just days after taking office. However, this is not the first time that Jacob Aarup-Andersen has done something like this. He had made a similar move in his previous job to raise share prices.
Jacob Aarup-Andersen, who took the top job at the Danish brewer on Friday, bought 11,000 shares in Tuesday’s trading on the Copenhagen stock exchange, according to a filing.
Aarup-Andersen frequently bought shares in ISS A/S during his 2020-2023 tenure as CEO of the cleaning giant. He even acquired 35,000 shares of ISS on August 18, just weeks before his departure, bringing his stake in ISS to about $4.2 million and boosting the stock price.
Aarup-Andersen has gained a reputation as a resolution specialist at ISS, having previously worked at Danske Bank.
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