The board of directors of NTG Nordic Transport Group A/S appointed Michael Larsen as Group CEO effective 1 May 2020. Jesper Petersen and Mikkel Fruergaard will continue as members of the Executive Board with responsibility for their respective divisions in the NTG group. Michael Larsen is one of the founders of NTG's first and largest subsidiary, NTG Nordic A/S, and Michael Larsen has been the CEO of NTG Nordic A/S since 2015.

He is presently member of the board of directors of NTG and will step down at the annual general meeting on 16 April 2020. Michael Larsen is 44 years and has worked in freight forwarding for 24 years. The future Executive Board will be: Michael Larsen, Group CEO; Jesper Petersen, Head of Road & Logistics; Mikkel Fruergaard, Head of Air & Ocean; and Christian D. Jakobsen, Group CFO.