Danish Carlsberg A/S acquisition of Orklas 40 % shareholding in Carlsberg Breweries has been completed on 8 March 2004, Carlsberg A/S announced to the Copenhagen Stock Exchange. Consequently, the Executive Board of Carlsberg A/S now comprises Nils S. Andersen, Chief Executive Officer, Jørn P. Jensen, Executive Vice President and CFO and Paul Bergqvist, Executive Vice President. Orklas members of the Board of Directors of Carlsberg Breweries have resigned from the companys Board.