By mutual agreement, two members of executive management are stepping down and leaving Ørsted with immediate effect: CFO Daniel Lerup and COO Richard Hunter.
Ørsted has started the processes of identifying a new CFO and COO and expects the processes to be concluded as soon as possible in 2024.
Group President and CEO Mads Nipper said, “Ørsted, along with the rest of the industry, is experiencing a challenging and volatile business environment. Therefore, the Board of Directors and I have agreed with our current CFO and COO that we need new and different capabilities to lead the Finance and EPC & Operations functions to strengthen Ørsted’s journey into the future.”
Rasmus Errboe
Rasmus Errboe will serve as interim CFO and member of the executive board. Currently, Errboe is CEO of Region Europe and executive vice president at Ørsted, and he has been with the company since 2012 in different management positions, including as CFO for Ørsted’s offshore wind business.
Olivia Breese
While Errboe serves as interim CFO, Olivia Breese will act as CEO of Region Europe while continuing in her current role as senior vice president and head of Power-to-X.
Andy Brown
Andrew Brown, member of Ørsted’s board of directors, has been appointed interim COO and member of the group executive team, expectedly until March 1, 2024.
