Wind turbine manufacturer Vestas has confirmed that Anders Runevad is stepping down as group chief executive officer and president on 1 August 2019 and will be replaced by Henrik Andersen, currently group chief executive of Hempel and a member of Vestas’ board of directors.
The appointment follows Vestas’ long-term succession planning, which will see Mr Runevad staying involved until mid-2020 as advisor to Vestas, including Vestas chairman, Bert Nordberg, and the incoming chief executive. During the same period, Mr Runevad will also remain chairman of MHI Vestas Offshore Wind.
Having joined Vestas’ board in 2013, Henrik Andersen has an indepth understanding of Vestas’ business and brings extensive experience from management roles in global companies over the last 20 years.
Mr Nordberg said, “On behalf of the board, I would like to thank Anders for his tremendous contribution to Vestas since 2013. Under his strong strategic and operational leadership, Vestas successfully went through a turnaround. As a result, Vestas has a strong foundation to execute on short-term priorities, invest in the future, and continue to help preserve our planet for future generations.
“I’m delighted that we have been able to convince Henrik Andersen to succeed Anders. It will ensure continuation in the short-term and build momentum for our long-term vision.”