Danish renewable energy company Ørsted has appointed Mads Nipper as its new CEO and group president from January 1, 2021.
Nipper joins from pump manufacturer Grundfos, where he was president and CEO, and will replace Henrik Poulsen who resigned in June with a view to stepping down by January 2021.
Thomas Thune Andersen, chairman of Ørsted, said: “Anchored in a clear sustainability vision, Mads has led a highly successful transformation of Grundfos over the past six years that has reinforced the company’s position in an increasingly competitive market, while also strengthening financial performance.”
