NKT has appointed Michael Yong (pictured) as chief financial officer (CFO) of NKT and NKT A/S effective 1 April 2026.
Jens Due Olsen, chair of the NKT board of directors, said the appointment follows a rigorous selection process and reflects Yong’s deep insight into the company and extensive industry experience.
He added that Yong’s multinational background has been key to NKT’s expansion into new markets.
Following the appointment, the executive management team will comprise president and chief executive Claes Westerlind and Yong.
Westerlind said: “I look forward to close collaboration with Michael as NKT’s new CFO.”
“He has played a central role in formulating and implementing our strategies over the past five years, during which NKT has grown and our financial trajectory has improved significantly.”
As incoming CFO, Yong said: “I am excited to step into the role of CFO and continue working closely with the Group Leadership Team and our more than 6,000 colleagues worldwide.”
“NKT plays a critical role in enabling the global energy transition, and I look forward to applying my experience in this new role to support NKT’s continued growth and value creation.”
Yong succeeds Line Andrea Fandrup, who will leave NKT no later than the end of April 2026.