Orsted Appoints CFO, Head of Operations
paused dividend payouts as part of a major review.Tuesday's appointments will help ensure the successful implementation of its strategy, the company said."They'll bring strong international financial skills and execution skills to the group executive team," Orsted board Chair Thomas Thune Andersen said in a statement.Sydbank analyst Jacob Pedersen said Orsted appeared to strike a good balance by appointing one external and one internal candidate.While Westlie brought outside expertise, Harnett's promotion was proof that the company still had confidence in its own people, he added
Offshore Wind Giant Ørsted Names New CEO
Poulsen who recently announced the decision to step down.Nipper, currently CEO and President of Grundfos, one of the largest pump manufacturers in the world, will take over as Ørsted CEO on January 1, 2020. Both companies are based in Denmark.Commenting on the election of the new CEO, Thomas Thune Andersen, Chairman of the Board of Directors at Ørsted, said: “On behalf of the Board, I’m very pleased to announce Mads Nipper as Ørsted’s next CEO. Anchored in a clear sustainability vision, Mads has led a highly successful transformation of Grundfos over the past
Brown to Succeed Marsh as CEO at Lloyd's Register
Director, will succeed Marsh as group CEO and join the LR group board on January 1, 2021. “Alastair is an exceptional business leader who has transformed the company during his tenure, delivering on a five-year modernization and cultural change strategy," said LR Chairman, Thomas Thune Andersen. "Following the significant investment in new systems and processes, LR is a far more agile and customer-focused organization, with a strong growth platform in innovative digital services, whilst also achieving greater operational excellence."On Brown’s appointment, Andersen
Norman Murray, Petrofac Chairman Quits
with immediate effect for compassionate reasons. Senior Independent Director, Rijnhard van Tets, will assume the role of Chairman with effect from today. Rijnhard was appointed as a Non-executive Director in May 2007 and became Senior Independent Director in May 2011. Non-executive Director, Thomas Thune Andersen, will become Senior Independent Director. Norman Murray commented: “It is with tremendous sadness that I step down from the Board. I would like to thank my Board colleagues for their support during my tenure and their understanding of my current situation. I leave Petrofac in good