Kid ASA announced that Anders Fjeld is appointed new Chief Executive Officer of the company. Mr. Fjeld comes with extensive experience within retail from senior and executive positions in Elkjøp and XXL. His former position was Chief Operating Officer and concept development director in XXL. Anders Fjeld has solid management experience from retail companies that have been successful in both physical and online retail across the Nordic countries and has shown strong financial performance and leadership capabilities in his positions. At 4 May 2018, Kid announced that its former CEO Kjersti Hobøl had resigned. Mrs. Hobøl will remain as CEO until September 30, 2018. Kid's CFO Petter Schouw -Hansen will continue as interim CEO until Mr. Fjeld takes up his position.