Changes in Ørsted Executive Committee

Copenhagen, Denmark - Ørsted today announces that Samuel Leupold, CEO of Wind Power at Ørsted, Executive Vice President and member of the Ørsted Executive Committee, has decided to resign from the company.

Samuel Leupold has decided to take a break and spend more time with his family after having commuted between his home in Switzerland and Ørsted’s offices in Copenhagen and London for the past couple of years. Samuel Leupold will leave Ørsted on 28 February 2018.

Martin Neubert, Senior Vice President in Ørsted Wind Power, has been appointed new CEO of Ørsted Wind Power and Executive Vice President and member of the Ørsted Executive Committee, effective from 1 February 2018. In recent years, Martin Neubert has been spearheading the strategic development of Wind Power, leading its Strategy, Market and Project Development as well as Regulatory Affairs. He has also served as Country Chairman in Germany, Netherlands, USA and Taiwan.

Martin Neubert joined Ørsted in 2008 and has served as Head of Group M&A, Head of Partnerships & M&A and Head of Commercial Transactions & Market Development. Prior to joining Ørsted, he worked with Bain Capital, EY and Arthur Andersen. Martin is 44 years old and is of German nationality. He holds a Master in Economics and Finance from University of Erlangen-Nuremberg and a CFA Charter.

In addition, to better reflect the growing importance of the Wind Power business in Ørsted, Anders Lindberg, Senior Vice President (Wind Power Engineering, Procurement & Construction), and Ole Kjems Sørensen, Senior Vice President (Wind Power Partnerships, M&A & Asset Management), have been appointed Executive Vice Presidents and will join Ørsted’s Executive Committee effective from 1 February 2018. They will continue their current responsibilities, reporting to Martin Neubert, CEO of Wind Power.

Source: IWR Online, Jan 01 2018