Nipper joins the pump manufacturer Grundfos, where he worked as chairman and CEO, and will replace Henrik Poulsen, who resigned in June to step down by January 2021.

“Anchored in a clear sustainability vision, Mads has led a highly successful transformation of Grundfos over the past six years that has reinforced the company’s position in an increasingly competitive market, while also strengthening financial performance," Thomas Thune Andersen, chairman of Ørsted.

Maritime Business World