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Ørsted appoints Mads Nipper the next CEO of Ørsted

The Board of Directors appointed Mads Nipper CEO and Group President of Ørsted as of 1 January 2021.

Mads Nipper is currently CEO and Group President at Grundfos.

The appointment follows the decision by Henrik Poulsen, announced on 15 June 2020, to resign his position and step down as CEO of Ørsted no later than 31 January 2021. Poulsen will remain in office until 31 December 2020, and to support the transition, he will serve as special advisor to Nipper until the end of January.

According to Thomas Thune Andersen, Chairman of the Board of Directors, Mads Nipper is the right person to lead Ørsted in the company’s next phase.

The information provided in this announcement does not change Ørsted’s previous financial guidance for the financial year of 2020 or the announced expected investment level for 2020.

Source: Ørsted

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