Schouw & Co., owners of Martin Professional, today announced that Kristian Kolding has informed the Board of Directors that he wishes to resign his position as managing director of Martin Professional by the end of the year at the latest.

For more than six years, Kolding has steered Martin Professional through an industrialization process that has more than doubled the company in size. Martin Professional is facing a number of vital challenges. Many new initiatives have already been launched, and several long-term measures are currently being considered.

Recognizing the long-term perspective of this process of change, Kolding believes that now is the time to hand over the reins to a new top executive. Schouw & Co. has expressed understanding of and full respect for Kolding’s decision. The company will initiate a process aimed at finding and appointing a new managing director.