At Gabriel Holding A/S' announced that at board meeting the board of directors decided as per October 1, 2014 to enlarge the executive board of Gabriel A/S by Gabriel A/S' financial manager Claus Toftegaard, who will be appointed chief financial officer. Mr. Claus Toftegaard, MSc. in business economics and auditing, was employed with Gabriel A/S in March 2011 and appointed financial manager in June 2011.

Claus Toftegaard has earlier held positions at executive level in Danish businesses, including a public limited company.