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Press release: Vestergaard Company Appoints New Chief Commercial Officer

February 9, 2026

Vestergaard Company Appoints New Chief Commercial Officer

Roskilde, February 9th, 2026

Vestergaard Company announces that, after many years of dedicated service, its current Chief Commercial Officer, Anders Larsen, has decided to step down from his role. Effective March 1, 2026, Anders Justesen Bay has been appointed Chief Commercial Officer of Vestergaard Company.

Anders Justesen Bay has been with Vestergaard Company since 2011 and most recently held the position of Head of Business Development. With a background within finance and strategy Anders started with Vestergaard Company as Executive Consultant and has grown within the company to be a part of the executive management group. During his tenure, he has played a key role in shaping the company’s forward-looking strategy, including the successful acquisition of Kalmar Motor in 2022. His strategic insight and in-depth understanding of the business are valuable assets as Vestergaard Company continues its development for the benefit of its customers and partners worldwide.

Anders Larsen steps down from his position as Chief Commercial Officer, a role he has held since December 2016. Anders has been with Vestergaard Company for nearly 40 years and has been a key contributor to establishing the company’s leading market position today. He will remain affiliated with Vestergaard Company as a consultant while gradually transitioning into a well-deserved retirement.

“I would like to thank Anders Larsen for his many years of dedication to Vestergaard Company and to the aviation industry and for the significant contribution he has made to the company’s development and market position,” says Stefan Vestergaard, CEO of Vestergaard Company. “I am equally pleased that Anders Justesen Bay is stepping into the role of Chief Commercial Officer. His deep knowledge of the company and customers and his involvement in shaping our strategy provide a strong foundation for the continued development of Vestergaard Company, ensuring that we continue to deliver valuable and reliable solutions to our customers worldwide.”

Two men shake hands in front of Volvo trucks in a workshop, showcasing collaboration in the automotive industry.

 

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