Colliers International's Danish arm has announced that Hans Vestergaard is to retire as CEO after 25 years, but will continue as executive chairman of the board.

Colliers International's Danish arm has announced that Hans Vestergaard is to retire as CEO after 25 years, but will continue as executive chairman of the board.

The new management board with joint managerial responsibility will comprise Jeppe Schønfeld as partner & CEO and Peter Lassen as partner & COO, operating out of the company’s office in Copenhagen.

Furthermore, Johan Gottschalk and Jan Nickelsen will take up positions as new directors at the company’s largest office in Aarhus, where they are to act as a joint director team. René Neesgaard has taken up a position as a director at the office in Vejle.

Hans Vestergaard established Colliers International Denmark in 1988.