Lars Liebst is stepping down as CEO of Tivoli Gardens, an amusement park in Copenhagen, with operator Tivoli A/S launching a succession plan. Liebst will stay on until a successor is named CEO.
According to a press release, the supervisory board for Tivoli A/S and Tivoli CEO Lars Liebst have agreed to start a succession plan for the role of CEO.
Liebst, who has been CEO at Tivoli since 1996, said that he and the board have agreed “that the time is right to make way for the next generation”.
“During my tenure, Tivoli has transformed from a seasonal to a year-round business, and the diversity has never been greater.
Search for a successor starts now at Tivoli A/S
“Tivoli’s supervisory board has just approved the strategy which the board, senior management and staff have been working on for a year.
“That is an ideal moment to pass on the baton,” he added. “The board and I have agreed that I stay on until my successor is in place.”
The search for Liebst’s successor as CEO of Tivoli is starting now. Chairman of the advisory board at Tivoli A/S, Tom Knutzen, said Liebst “hands over a company in tip-top shape, heading for the best year’s result ever”.
“Tivoli is Denmark’s largest tourist attraction and under his management, Tivoli has developed into an internationally acclaimed brand.
“Thus, the very best circumstances have been created for his successor to take over and develop Tivoli in the direction that the board’s new strategy points.”
He added that during Liebst’s 24-year tenure, Tivoli “has continuously developed in keeping with the times”, which is a result of “the unique dedication and ability to see ahead that characterise Lars Liebst”.
Earlier this year, BIG and Tivoli revealed plans for the H C Andersen Hotel at Tivoli Gardens, named after Danish author Hans Christian Andersen.