DonkeyRepublic Holding A/S announced the appointment of Morten Nybye-Petersen as COO who will take up the position on 1 November 2022. Consequently, the Executive Management Team consists of CEO Niels Henrik Rasmussen, CFO Christian Dufft and COO Morten Nybye-Petersen. Morten Nybye-Petersen joins the company after four years in Penneo (Nasdaq Copenhagen) from a position as Vice President of Business Governance & Development with a successful track record of driving the IPO together with Niels Henrik Rasmussen as former CEO of Penneo, the Nasdaq Main Market listing and the strategy execution of Penneo.

Morten Nybye-Petersen brings more than seven years of experience in operations, strategy execution and management which will contribute to solidifying the continued execution of Donkey Republic's strategy to support the geographic expansion in close collaboration with the entire team.