Deals
Lego CEO Says Trump ‘Speculation’ Can’t Shape Global Ambitions
Bali Padda.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
After growing more than five-fold over the past decade, Lego A/S isn’t letting President-elect Donald Trump’s rhetoric on trade barriers and protectionism shape its plans for continued expansion in the U.S. and beyond.
Bali Padda, who will take over as chief executive officer at the Danish toymaker at the end of the year, says there’s still more “speculation” than clarity on how Trump’s presidency will alter the global business landscape, and that’s not enough to base any decisions on.