New chairman of the VELUX Group

After 36 years as chairman Lars Kann-Rasmussen has decided to retire from the boards of VKR Holding and VELUX A/S at the general meetings in March 2010. Jens Jørgen Madsen is nominated for succeeding him in VELUX A/S

Jens Jørgen Madsen, who is nominated for the chairmanship in VELUX A/S, was elected to the board in 2007 and to the board of VKR Holding A/S in 2009. "Jens Jørgen is former CEO of Grundfos. Based on his experience and personal qualities I consider him the most relevant person for the position", says Lars Kann-Rasmussen.

Jens Jørgen Madsen declares, "I have been on the board of VELUX A/S for almost 3 years. During that time I have gained a really good knowledge of the business VELUX and the basic values of the business. I am proud to be suggested for the chairmanship - a declaration of confidence, which I shall do my utmost to live up to. My new position shows many similarities with my previous workplace. As the coming chairman I shall support management and organisation in theirs efforts to make VELUX even stronger in coming years. I look forward to the task and the cooperation."About VELUX
The VELUX Group creates better living environments with daylight and fresh air through the roof. The VELUX product programme contains a wide range of roof windows and skylights, along with solutions for flat roofs. The Group also supplies many types of decoration and sun screening, roller shutters, installation products, products for remote control and thermal solar panels for installation in roofs. The VELUX Group, which has manufacturing companies in 11 countries and sales companies in just under 40 countries, represents one of the strongest brands in the global building materials sector and its products are sold in most parts of the world. The VELUX Group has about 10,000 employees and is owned by VKR Holding A/S, a limited company wholly owned by foundations and family. For more details, visit www.velux.com