Albaugh LLC Chairman Dennis Albaugh announced that Kurt Pedersen Kaalund joined the company as the new group chief executive officer, effective Aug. 1.
Group CEO is a new position “to lead the future success of the business,” Albaugh said, on the heels of the announcement that China’s Huapont-Nutrichem will buy a 20% stake in the U.S. company for about $220 million.
Kaalund served as president and CEO of Danish crop protection company Cheminova A/S from 2008 to 2013.