Vestas takes another step toward the unknown

Similar to its previous nominations, the wind turbine manufacturer appoints a relatively unknown profile as its new CEO. But even though he is taking over a far more viable company than the imperiled estate inherited by his predecessor, the task at hand will be no less demanding.
Photo: PR-foto/Hempel
Photo: PR-foto/Hempel

Tuesday evening's announcement of Vestas Chief Executive Anders Runevad's resignation came as a surprise for practically every interested party outside the company's innermost circle. And observers were likely equally surprised by Runevad's replacement by a relatively unknown profile: Henrik Andersen, a 51-year old master of law and now former CEO of paint producer Hempel, one of Vestas' suppliers, with around one-tenth the wind turbine manufacturer's revenue.

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