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May 8, 2018

Bakery chain Lagkagehuset appoints Karen Kochevar to board of directors

Denmark-based bakery, coffee and foodservice chain Lagkagehuset has appointed Karen Kochevar to the company’s board of directors to strengthen its brands international growth.

Denmark-based bakery, coffee and foodservice chain Lagkagehuset has appointed Karen Kochevar to the company’s board of directors to strengthen its brands international growth.

The foodservice chain currently operates its business in the UK through eight stores under its Ole & Steen brand in London.

Kochevar will be responsible for overseeing the growth and international expansion plans of the company.

Commenting on the new role, Karen Kochavar said: “I’m excited to join the board of Ole & Steen, a company long distinguished by its culture of hospitality and commitment to culinary excellence.

“Her extensive international expertise within foodservice will be a great addition to the company’s board of directors.”

“Ole & Steen is uniquely positioned in the market, offering guests a new, premium experience that resonates globally. I look forward to supporting Ole & Steen in pursuing its considerable international growth potential.”

Prior to this, Kochevar served as the partner and chief financial officer at Union Square Hospitality Group and currently is an independent board director for various private equity-backed companies.

She also worked in the private equity and investment banking sector on Wall Street for Warburg Pincus and Lehman Brothers.

Nordic Capital Advisory partner Michael Haaning said: “Ole & Steen’s board and management are very pleased to announce the appointment of Karen as director of the board.

“Her extensive international expertise within foodservice will be a great addition to the company’s board of directors and she will be an important part of Ole & Steen’s ambitious international expansion plan.”

Owned by Nordic Capital, Ole & Steen currently operates 78 stores in Denmark and offers artisanal breads, cakes and pastries as well as teas and coffee.

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