Errboe joined Ørsted in 2012 and became a member of executive management in 2022
Ørsted’s Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down from his position as Group President and CEO of Ørsted.
Mads Nipper joined Ørsted in January 2021. He stepped down as CEO on 1 February 2025, at which time Rasmus Errboe stepped into the role of Group President and CEO.
Lene Skole, Chair of Ørsted’s Board of Directors, says: “The renewable energy market has fundamentally changed since January 2021. The impacts on our business of the increasingly challenging situation in the offshore wind industry, ranging from supply chain bottlenecks, interest rate increases, to a changing regulatory landscape, mean that our focus has shifted. Therefore, the board has today agreed with Mads Nipper that it’s the right time for him to step down and the board has appointed Rasmus Errboe to take over as CEO.”
Errboe joined Ørsted in 2012 and became a member of executive management in 2022. Before being appointed Deputy CEO and Chief Commercial Officer, Rasmus Errboe has held the positions of Interim Group CFO, Regional Head of Europe, Regional Head of Continental Europe, CFO for the Offshore business unit globally, and Head of Ørsted’s Group M&A department, and he was overall responsible for the IPO of Ørsted in 2016 and the divestment and carve-out of Ørsted’s Oil & Gas business in 2017.
Errboe is a member of the Executive Board, registered as an executive of Ørsted A/S with the Danish Business Authority, and a member of the Main Board of the Confederation of Danish Industries (DI).
Errboe holds a Master of Law from Copenhagen University in Denmark and an MBA from University of San Diego in California, the US.
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