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Windtech International January February 2025 issue

 

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Ørsted appoints Rasmus Errboe as new CEOØrsted’s Board of Directors has appointed Rasmus Errboe, currently Deputy CEO and Chief Commercial Officer, as the new Group President and CEO, replacing Mads Nipper. Nipper, who joined Ørsted in January 2021, will step down as CEO on 1 February 2025, at which point Errboe will assume the role.

Lene Skole, Chair of Ørsted’s Board of Directors, stated: “The renewable energy market has fundamentally changed since January 2021. The impacts on our business of the increasingly challenging situation in the offshore wind industry, ranging from supply chain bottlenecks, interest rate increases, to a changing regulatory landscape, mean that our focus has shifted. Therefore, the board has agreed with Mads Nipper that it is the right time for him to step down, and the board has appointed Rasmus Errboe to take over as CEO.”

Errboe joined Ørsted in 2012 and became a member of the executive management team in 2022. Before being appointed Deputy CEO and Chief Commercial Officer, he held roles including Interim Group Chief Financial Officer, Regional Head of Europe, Regional Head of Continental Europe, Chief Financial Officer for the Offshore business unit, and Head of Ørsted’s Group Mergers & Acquisitions department. He was also responsible for Ørsted’s initial public offering in 2016 and the divestment of its Oil & Gas business in 2017.

 
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