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Home›Business & Finance›Mads Nipper Steps Down from Leading Ørsted, Rasmus Errboe Named New CEO
Business & Finance

January 31, 2025 · about 1 year ago

Mads Nipper Steps Down from Leading Ørsted, Rasmus Errboe Named New CEO

Rasmus Errboe, Ørsted’s current Deputy CEO and Chief Commercial Officer, has been named Group President and CEO and will assume the role held by Mads Nipper for the last four years on 1 February. “The renewable energy market has fundamentally changed since January 2021. The impacts on our business o

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Mads Nipper Steps Down from Leading Ørsted, Rasmus Errboe Named New CEO

“Leading Ørsted through four challenging yet rewarding years has been a great privilege. Despite the obstacles we’ve faced, we’ve achieved many significant milestones, and I’m immensely proud of our colleagues’ efforts and dedication. I extend my gratitude to everyone who has supported and believed in our vision, and I wish Rasmus and the team all the best of luck”, said Mads Nipper.

Rasmus Errboe joined Ørsted in 2012 and became a member of executive management in 2022. Before being appointed Deputy CEO and CCO, Errboe held several leading positions within the company and was overall responsible for the IPO of Ørsted in 2016 and the divestment and carve-out of Ørsted’s oil & gas business in 2017.

“Ørsted has a strong foundation with unique capabilities, and I’m looking forward to taking the lead on the transformation necessary to navigate the headwinds that Ørsted and our industry currently face. Offshore wind remains crucial for the green transition, and we’re deeply committed to pursuing our vision of a world that runs entirely on green energy”, said Rasmus Errboe .

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