Vestas appoints Anders Runevad as Group President & CEO
08:30 CET - 21 Aug. 2013
Vestas Wind Systems A/S appoints Anders Runevad as new Group President Chief Executive Officer (CEO). He succeeds Ditlev Engel who will leave the company.
Ditlev Engel has been with the company since 2005 and has during the past 1½ years focused his efforts on leading Vestas’ extensive restructuring programme.
“Following the recent measures taken, it is now the appropriate time to make this change. The company is now entering a new phase, where we want to realise our growth potential, and I am confident that Mr Runevad has the right experience to lead the company going forward. The restructuring programme has resulted in a more competitive company and we thank Mr Engel for his leadership over the past eight years,” says Chairman of the Board of Directors of Vestas Wind Systems A/S, Bert Nordberg.
“I am delighted to be joining Vestas and look forward to leading the company in its next phase of development. I believe that my career has equipped me with the right tools to take on this task,” says newly appointed Group President CEO of Vestas Wind Systems A/S, Anders Runevad.
Mr Runevad brings with him extensive experience from the telecom industry, having worked business-to-business, with complex infrastructure projects in an international environment. Additionally, Mr Runevad has in several senior positions led successful restructuring programmes in large organisations. He also has a proven track record of driving growth. Mr Runevad will assume the position on 1 September 2013. Until then, Ms Marika Fredriksson, currently Executive Vice President CFO of Vestas Wind Systems A/S, will assume the position as acting Group President CEO.
Biography – Anders Runevad
Mr Runevad is an internationally experienced senior executive with experience of leading global organisations. He has worked in the telecom sector during his entire career, mainly in business-to-business, and has successfully developed and executed on strategies both in growth and mature markets.
Anders Runevad comes from Swedish Ericsson, where he was President of Region West Central Europe, and a member of the Ericsson Global executive team. He joined Ericsson in 1985, and his positions include President, Ericsson Singapore (1996-2000), Vice President Sales and Marketing, Ericsson Business unit Networks (2000-2004), President, Ericsson Brazil (2004-2006) and Director of the board and Executive Vice President, Sony Ericsson (2006-2010). Mr Runevad holds a Master of Science in Electrical Engineering, Institute of technology, University of Lund.
Contact details
Vestas Wind Systems A/S, Denmark
Lars Villadsen, Senior Vice President, Investor Relations
Tel.: +45 9730 7201
Morten Albæk, Group Senior Vice President, Global MarCom Corporate Relations
Tel.: +45 2256 7437
