4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

Ørsted updates its executive management structure

By: Chloe Emanuel 22/03/2024 Ørsted

Corporate General Windfarms

Following the recent launch of its updated business plan, Ørsted today announces updates to its executive management structure to simplify the structure and further sharpen the company’s focus on project execution, financial discipline, value creation, risk management, and operational excellence. Supported by a DKK 270 billion investment programme, Ørsted plans to more than double its installed renewable energy capacity to 35-38 GW by 2030.

As part of the new management structure, Ørsted establishes a new Commercial organisation under Rasmus Errboe, who is appointed Deputy CEO and Chief Commercial Officer (CCO). Due to his new role, Rasmus Errboe will be part of the registered management of Ørsted A/S. Rasmus Errboe is currently interim CFO and was previously CEO of Region Europe at Ørsted.

Mads Nipper, Group President and CEO of Ørsted, says: “I’m delighted to announce that Rasmus Errboe has accepted the role of Deputy CEO and CCO. Rasmus has done a very good job as CEO of Region Europe and more recently as interim CFO, and this has equipped him with a comprehensive understanding of the business, making him a strong fit for this new role."

Ørsted will keep its organisational set-up with three regions (Region Europe, Region Americas, and Region APAC) following the continued commercial and geographical focus of the company. Going forward, the regional CEOs, the Head of Global Stakeholder Relations, and the Head of Strategy, Portfolio, Innovation & Digital will report to the new commercial organisation under Rasmus Errboe.

Ørsted’s Group Executive Team, effective as of 1 April 2024:

- Mads Nipper, Group President and Chief Executive Officer (CEO).
- Rasmus Errboe, Deputy CEO and Chief Commercial Officer (CCO).
- Trond Westlie, Executive Vice President and Chief Financial Officer (CFO).
- Patrick Harnett, Executive Vice President and Chief Operating Officer (COO).
- Henriette Fenger Ellekrog, Executive Vice President and Chief HR Officer (CHRO).

For more information about offshore wind farm projects across the globe, click here.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

Ørsted updates its executive management structure

Back to News

Trending News!