Steen Gram-Hanssen is resigning immediatelyBoth PKA, which runs four mainly health and social care pension funds, and Lærernes Pension, the pension fund for teachers, have had recent leadership changes.Jon Johnsen took up the reins at PKA following the retirement of veteran CEO Peter Damgaard Jensen in March, and former Industriens Pension CIO Karsten Kjeldsen has succeeded Lærernes Pension CEO Paul Brüniche-Olsen, who retired in October.Commenting on his future career, Gram-Hanssen said in a post on LinkedIn: “I don’t know yet what I will do and what I want to do – but I’m sure I will have at least one more challenge and that it will be to do with people and leadership.”Looking for IPE’s latest magazine? Read the digital edition here. The Danish pensions administration firm jointly owned by Lærernes Pension, PKA and PBU said it is now on the hunt for a new chief executive officer, after the sudden exit of Steen Gram-Hanssen by mutual agreement.The three labour market pension funds said they wanted a stronger strategy for the firm, which would create better value for pension scheme members and stakeholders, according to Forca’s chair.Peter Falkenham, chair of Forca’s supervisory board, said: “With the more focused owner-customer strategy, the board of directors and Gram-Hanssen agree it is natural to change the management of the company.”Forca said Gram-Hanssen was resigning immediately, but would be available to hand over key tasks to Falkenham and the rest of management. Falkenham said that with the help of consulting firm Egon Zehnder, Forca was now working to replace Gram-Hanssen, who had headed up the firm since 2012 and worked as its chief financial officer prior to this, since 2007.In the meantime, the Copenhagen-based firm said Falkenham would temporarily move closer to the business and alongside the rest of its management, ensure the company was well run.Gram-Hanssen said in the statement from Forca: “It is of course sad to have to leave Forca, but I am also proud of the results we have achieved in my time as CEO.”Falkenham said Gram-Hanssen had made a great effort to develop, streamline and commercialise Forca, which had allowed the owners to benefit from good pension solutions as well as low costs.
Newsroom GuidelinesNews TipsContact UsReport an Error Cars: The top-selling vehicle of the year was the Ford F-series pickup and the top-selling automobile was the Ford Escort. Also, the average price for a gallon of gas was 96 cents while a gallon of 2% milk was $1.89.Food: McDonald’s opened its 10,000th restaurant in Dale City, Virginia.Names: The top baby names in California were Michael and Jessica, according to the Social Security Administration.Politics: Ronald Reagan was serving the second term of his presidency and in November, Vice President George H. W. Bush won the presidential election.Technology: The Morris Worm, the first computer virus, shut down 10 percent of the internet according to Atlas Obscura. The attack happened in November, not long after the Dodgers took home the title. Back then, the internet consisted of 60,000 computers, used mostly by academic, government and corporate researchers. The last time the Dodgers were World Series victors was during a leap year–this is what the world was like in 1988.Movies: The first day of the World Series in 1988 was Saturday, Oct. 15. The top grossing movies from that weekend were “The Accused,” followed by “Alien Nation” and “Punchline,” according to Box Office Mojo. The highest grossing film of the year was “Rain Man,” which won both the Academy and Golden Globe Awards for Best Picture, but that didn’t come out until December.Television: The highest-rated television show of the year was “The Cosby Show,” and although the newer show “Rosanne” gained major popularity, it didn’t overtake the Huxtable clan until 1989. Music: For the week of Oct. 15, UB40’s “Red Red Wine” was the No. 1 song on the Billboard Hot 100 and the following two weeks saw Phil Collins’ “A Groovy Kind of Love” on the top spot. George Michael’s’ “Faith” was the top-selling single of the year, according to Billboard.Books: “Cardinal of the Kremlin” by Tom Clancy was the best-selling hardcover book overall, with ”A Brief History of Time” by Stephen W. Hawking the best-selling nonfiction hardcover, as reported by the New York Times. Paperback bestsellers were the novel ”Presumed Innocent” by Scott Turow and nonfiction work ”Love, Medicine & Miracles,” by Bernie S. Siegel.Toys: Kids couldn’t wait to get their hands on the Nintendo Entertainment System. Other big sellers were Barbie, Micro Machines, Pictionary and the Real Ghostbusters action figures, according to the Beaver County Times.