EnergyWatch

Danfoss CEO steps down

Niels B. Christiansen is stepping down after nine years at the head of Danfoss, where the COO will take over.

Photo: Maria Tuxen Hedegaard

One of Denmark's top executives is stepping down. Danfoss CEO Niels B. Christiansen will step down from the company on July 1 after nine years in the post and 12 years at Nordborg. Current COO Kim Fausing will take over the helm, informs Danfoss in a press release.

"We have focused the business, optimized the engine room, we are growing, and our digital transformation is on track. It has been a huge team effort to conduct such a fundamental transformation. I am pleased to hand over a strong Danfoss in the best shape knowing that it will be in good hands. The time is right - both for Danfoss and for me. I am ready to take on new challenges – what exactly I haven’t decided yet," says Niels B. Christiansen in the press release.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

RWE criticizes Repower EU

The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.

Further reading

Related articles

Latest News

See all jobs