Lars Marcher succeeds Kurt Erling Birk as Chief Executive Officer


Kurt Erling Birk has previously informed the board of directors at Ambu A/S
that he wished to resign from his position as CEO at Ambu before he turns
sixty-one in January 2009. 

The board of directors has subsequently initiated a process in order to select
a new CEO. This process has now been concluded and Lars Marcher will become the
new CEO of Ambu. Lars Marcher will take up office at a date that is to be
specified with the board of directors. 

Since 2006, Lars Marcher, 46, has held a position as Executive Vice President
responsible for economy, finance and operations in the Danish high-tech company
Terma A/S. 

Prior to his employment at Terma, Lars Marcher was CEO in the listed American
company Dataram Corporation. Previously, Lars Marcher has been with Memory Card
Technology, Apple Computer and East Asiatic Company (ØK). 

During the past 20 years, Lars Marcher has worked in international companies
and he has great experience with the management and development of such
companies and has worked and lived abroad for more than ten years. Through the
years, Lars Marcher has gained significant managerial experience - within for
instance sales and marketing, economy, production and development. 

Lars Marcher holds degrees in MSc and MBA.

”In the almost ten years that Kurt Erling Birk has been CEO at Ambu, he has
spearheaded comprehensive changes of the company. Growth, internationalisation,
optimisation of production and innovation has been important elements in Ambu's
development to become a leading player within its field. I have greatly
appreciated working with Kurt Erling Birk. Fortunately, we will be able to draw
on Kurt Erling Birk's knowledge and experience for a certain period of time in
the future. In addition, I am pleased that we will get an experienced CEO in
Lars Marcher, who will be able to continue the progress that Ambu is in the
middle of”, says chairman of the board of directors, N. E. Nielsen. 

“I have been employed in the Medical Device Industry for many years, 10 of
which I have been with Ambu. The years in Ambu have been tremendously exciting,
and I have had the privilege of being CEO in a period of great changes. Ambu is
currently proceeding very satisfactorily, and when I turned sixty I decided
that it was a good time for letting someone else take charge of the ship and
for me to spend my time on other activities”, says Kurt Erling Birk. 

Under the leadership of Lars Marcher, Ambu will continue the corporate growth
strategy and expand its position as a leading and innovative company within its
areas of business. 

“I really look forward to getting started at Ambu. I am excited about joining
forces with the board of directors and the competent colleagues to develop the
company further and make it even more attractive for everyone with an interest
in Ambu and Ambu's products”, says Lars Marcher. 




Contact: N. E. Nielsen, telephone +45 2526 3343, K.E. Birk, telephone +45 7225
2000, e-mail: keb@ambu.com. 

Lars Marcher can be contacted on telephone +45 5136 2490.

Attachments

release no 8-2007-2008.pdf